Alumna to discuss housing crisis March 26
Faith A. Schwartz, senior vice president for government solutions with CoreLogic, will present “Housing Finance Crisis of 2008; Lessons learned and moving beyond” March 26 at Shippensburg University. Her presentation, free and open to the public, is at 6:30 p.m. in Grove Hall Forum.
Schwartz is a 1982 Shippensburg graduate. Prior to joining CoreLogic, she was an executive director at the HOPE NOW Alliance, a non-profit coalition created in 2007 to bring together, servicers, lenders, investors, Federal Reserve banks, government agencies and government-sponsored enterprises to help homeowners in distress stay in their homes. More than six million families were assisted through loan modifications with combined efforts led by the alliance.
Schwartz is a former member of the Federal Reserve Consumer Advisory Committee and sits on the boards of the CoreLogic Academic Research Council, the Structured Finance Industry Group and HOPE LoanPort, a non-profit she founded that provides a communication loan workout vehicle for borrowers, counselors, and investors. She is a former board member of the Mortgage Bankers Association of America.
She started her career at Dominion Bankshares Mortgage Company in capital markets, pricing mortgages and issuing GNMA, Fannie Mae and Freddie Mac mortgage-backed securities. She held senior positions in all aspects of the mortgage industry, including as an entrepreneur with two companies. She was recently highlighted by the Mortgage Bankers Association of America as one of the 20 Distinguished Industry Women and in 2012 was selected as one of Housing Wire’s Women of Influence.
She has a BSBA in accounting from Shippensburg and an MBA with a finance concentration from the University of Pittsburgh.