Duty to Serve


Tuesday, November 7: 4:00pm – 5:30pm

Hear about Freddie Mac's and Fannie Mae's plans and programs being developed to improve homeownership opportunities for lower income families. These plans are in response to the Federal Housing Finance Agency (FHFA) issuing a final rule to implement the "Duty to Serve" requirements.


Session Materials:

Duty to Serve Presentations (5.37 MB Adobe PDF File)


Moderator:

Jane Coleman-Porter, Mortgage Guaranty Insurance Corporation (MGIC)
Jane Coleman-Porter is a Senior Account Manager for Mortgage Guaranty Insurance Corporation(MGIC) covering central and eastern Ohio. She has over 20 years of experience in the mortgage insurance industry. During her career, she has served on numerous boards affiliated with housing and mortgage banking including the Ohio Mortgage Bankers Association (OMBA) and Columbus Mortgage Bankers Association (CMBA) and served as chairperson for multiple committees. She also volunteers for Real World Real Money and Junior Achievement. She also serves on the Board of Directors for the Columbus Affiliate of Susan G. Komen Breast Cancer Foundation. Jane has received many national and regional awards for her sales performance throughout her career. She is an industry leader in the mortgage insurance industry. Jane is a 1991 graduate of Ohio University with a degree in business.


Speakers:

Kellie Coffey, Fannie Mae
Kellie is responsible for the management and strategic development of Fannie Mae's Single Family Rural Housing Initiatives as well as the leadership and execution of its underserved market plan under the Duty to Serve Final Rule. Her work is also an important part of the Fannie Mae's Access to Credit initiative and Affordable Housing Mission given the importance of serving rural markets, underserved populations and housing innovation. Recognized for her ability to lead crossfunctional strategic initiatives and industry collaboration, Kellie represents Fannie Mae's commitment to improving access to mortgage credit for families in Rural America. Most recently, Kellie worked in Fannie Mae's Business Development organization where she was responsible for managing our overall business relationship with a variety of Fannie Mae customers including housing finance agencies, small to midsized lenders and industry partners. Kellie joined Fannie Mae 6 years ago and held positions in the single family and loss mitigation divisions in Washington D.C. Prior to joining Fannie Mae, Kellie worked for a non-profit affordable housing organization. Kellie holds an MBA and BS in Accounting and Finance from Southern New Hampshire University.

Kelly N. Marrocco, Freddie Mac
Kelly Marrocco is a manager at Freddie Mac in the Affordable Lending and Access to Credit team in the Single-Family division. She manages both the manufactured housing and the rural housing initiatives in support of Freddie Mac's underserved markets plan. Before joining Freddie Mac, Kelly spent 10 years administering affordable housing programs for a county government. She developed and managed the county's home improvement programs funded through the Community Development Block Grant (CDBG) that provided rehabilitation and accessibility loans for low to moderate income households. Kelly also managed the county's inclusionary zoning program, the Affordable Dwelling Unit Advisory Board, the county's down payment assistance program and the county's Housing Fund which provided grants and loans to non-profit affordable single-family and multifamily housing developers. Kelly has a BA in economics from George Washington University, a master's certificate in local government administration from Virginia Tech and a certificate in housing finance through the National Development Council. She is a member of Leadership Loudoun and active in her local community. Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com and Twitter @FreddieMac.


Room Number:

A223-A225


CEUs:

RE