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DS News July 2018

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14 MOVERS & SHAKERS Got something to share with us? Send it to Editor@DSNews.com. GOVERNMENT CZWARTACKI MAKES MOVE FROM OMB TO BUREAU John Czwartacki has transitioned from the Office of Management and Budget (OMB) to the Bureau of Consumer Financial Protection (Bureau) as its Chief Communications Officer and Spokesperson. Czwartacki has been at OMB from the earliest days of the administration, and was detailed as a Senior Advisor at BCFP by Acting Director Mick Mulvaney upon his appointment to the dual roles last November. "It has been nothing short of the highlight of my career serving the current budget director, his patriotic and tireless staff, and the Trump administration overall," Czwartacki said. "It has been my pleasure to work alongside an extremely talented communications team both at OMB and in the West Wing. I look forward to continuing my service, alongside Mick Mulvaney and his tremendous staff, for the foreseeable future. We have lots of work ahead of us." FREDDIE MAC APPOINTS SVP AND CCO, CHIEF ECONOMIST Freddie Mac, a GSE that provides mortgage capital to lenders, has appointed John Krenitsky as SVP and CCO, effective June 1 following the retirement of current CCO Carol Wambeke. "John's sharp legal mind and experience in building and managing enterprise-wide compliance risk programs make him the ideal person to be Freddie Mac's chief compliance officer as we continue on our transformation journey. In short, he is the right person for the job at the right time for the company," said Anil Hinduja, EVP and Chief Enterprise Risk Officer at Freddie Mac. "On behalf of all of Freddie Mac, I would like to congratulate Carol Wambeke on her retirement and express my appreciation of her more than 20 years of service to the company. Over the last several years, she has played an integral role in Freddie Mac's transformation." Freddie Mac also welcomes Sam Khater, a housing and economics expert with over 20 years' experience, as VP and Chief Economist. "John's sharp legal mind and experience in building and managing enterprise- wide compliance risk programs make him the ideal person to be Freddie Mac's chief compliance officer as we continue on our transformation journey. In short, he is the right person for the job at the right time for the company." - Anil Hinduja, EVP and Chief Enterprise Risk Officer, Freddie Mac Keep up with who's doing what and who went where MICHAEL R. BRIGHT NOMINATED TO HEAD GINNIE MAE e Trump administration announced its nomination of Michael R. Bright as President of the Government National Mortgage Association (Ginnie Mae) in May. If confirmed, Bright would be the agency's first permanent head since Ted Tozer stepped down in January 2017, wrapping up a seven-year tenure as head of Ginnie. In November 2017, Bright appeared before the House Financial Services Committee during a hearing titled "Sustainable Housing Finance: e Role of Ginnie Mae in the Housing Finance System." During the hearing, Bright offered praise for Ginnie Mae's strengths, telling the Committee, "At a very high level, the Ginnie Mae wrap works because we do two things effectively. First, we are transparent about our rules and our processes with our investors. And second, we work hard to police our program." LENDER/SERVICER INDUSTRY VETERAN BRAD BLACKWELL ANNOUNCES RETIREMENT After 17 years at Wells Fargo, Brad Blackwell, EVP, Housing Policy and Homeownership Growth Strategies at Wells Fargo Home Lending, has announced he will retire, effective September 1, 2018. Blackwell leads the development and advocacy for housing policy and the development of strategies to increase homeownership in the U.S. at Wells Fargo. "My passion is helping minority and LMI families to become homeowners. In my remaining time at Wells, I will be working hard to increase our capability to serve these consumers," Blackwell said in a social media post while announcing his retirement. "After that, I will be spending time with my two new grandchildren, traveling with the love of my life, and enjoying family and friends." Blackwell's passion for homeownership development in the

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