OPENING GENERAL SESSION: Washington Update

President/C.O.O., ACES Quality Management

Mr. McCall brings more than two decades of executive experience in the mortgage industry to ACES. He is an award-winning, seasoned expert in quality control, loan origination and underwriting, mortgage fraud, loss and litigation and real estate-based transactions. Prior to joining ACES, Mr. McCall’s career included posts as COO for IMARC, a forensic loan auditing and loan data verification provider, and in executive positions with three privately owned mortgage banking firms. He has been an integral liaison between his companies and various Wall Street firms, and was actively engaged as a seller / servicer with Fannie Mae and Freddie Mac. Mr. McCall is a licensed real estate broker in California and is a direct endorsed underwriter for the Federal Housing Administration (FHA). He has held real estate and broker licenses in more than 20 other states.

President & Chief Executive Officer, Mortgage Bankers Association

Robert D. Broeksmit, CMB, is MBA’s President and Chief Executive Officer. He is a senior finance executive and corporate officer with over 30 years of experience in the mortgage sector. He has directed all aspects of lending activities, including marketing, sales, operations, secondary marketing, loan servicing, and default management. He has also served as a mortgage underwriting expert testifying on many large, high-profile cases. Prior to joining MBA, Broeksmit served as President and Chief Operating Officer with Treliant, heading the firm’s mortgage litigation support practice. He previously held senior leadership positions in the mortgage business, including 14 years with Chevy Chase Bank (including after its purchase by Capital One) and 7 years as Vice President at Prudential Home Mortgage. He has overseen annual originations of $9 billion, a balance sheet of $10 billion in residential mortgage, and a servicing portfolio of $20 billion. He is past Chairman of MBA’s Residential Board of Governors and a member of its Board of Directors.

Deputy Director, Policy, U.S. Department of Veterans Affairs

Michelle C. Corridon began serving as Deputy Director of Policy on March 13, 2023. She is responsible for all aspects of the Loan Guaranty Service including staffing, eligibility, origination, valuation, servicing, bond sales, specially adapted housing, direct loans, oversight and monitoring, data and analysis, technology, budget, policy, and day to day operations. Ms. Corridon previously worked at the United States Department of Agriculture (USDA) as the Director of USDA Rural Housing Service’s Originations and Processing Division. In her role as Director, she led a nationwide team of high performing employees delivering the $24 billion-dollar loan guarantee program. Prior to that she served as Deputy Director of the Single Family Housing Guaranteed Loan Program (SFHGLP) leading high impact policy and procedure implementation along with process improvement, stakeholder engagement, budgeting, and human resources. She served as a Senior Policy Analyst at the Federal Housing Finance Agency in the Office of Housing and Regulatory Policy from 2012 to 2015 where she focused on project and program management. From 2008 to 2012, she was a Rural Housing Service loan specialist concentrating on lender eligibility, compliance, and program risk management. She began her career at the Farmers Home Administration originating and servicing single family housing and farm loans. Ms. Corridon received USDA Secretary’s Honor Award in 2020.

Deputy Assistant Secretary, Office of Single-Family Housing, Federal Housing Administration, U.S. Department of Housing and Urban Development

Sarah Edelman was recently appointed to serve as the Deputy Assistant Secretary (DAS) for the Office of Single Family Housing (OSFH) within the Department of Housing and Urban Development’s Office of Housing. In this role, Sarah is responsible for overseeing the Federal Housing Administration’s (FHA) insurance-in-force portfolio of more than eight million loans with an unpaid principal balance of more than $1.2 trillion. Additionally, she is responsible for managing all aspects of FHA’s single family housing operations including origination and servicing policy, information technology strategy, quality control and lender enforcement, and institutional risk management. In this role, Sarah is also responsible for the management oversight of more than 700 employees. Immediately prior to assuming the role of the OSFH DAS, Sarah served as the senior director of Environmental and Social Impact and directed the Duty to Serve affordable initiatives at Fannie Mae. Prior to that, she worked in Housing Policy at the Center for American Progress for five years, served as a research fellow in the office of Senator Sherrod Brown, and was a graduate fellow at the Federal Deposit Insurance Corporation.

Senior Associate Director, Federal Housing Finance Agency (FHFA)

Maria Fernandez is currently the Senior Associate Director for the Office of Housing and Regulatory Policy (OHRP) at the Federal Housing Finance Agency (FHFA). The Office of Housing and Regulatory Policy is responsible for FHFA’s policy determinations involving Fannie Mae and Freddie Mac’s single family businesses. The Office serves as the agency’s focal point for the analysis and development of single family mission-related policy. OHRP has helped initiate several industry changing endeavors, including the Uniform Mortgage Data Program; HARP and its successor high LTV refi program; Servicing Alignment Initiative; Neighborhood Stabilization Initiative, the Selling Representations and Warrant Framework, and the Mortgage Translations clearing house. Maria serves as FHFA’s Executive Representative to the Appraisal Subcommittee. More recently, Maria and her team have focused on the aligning the Enterprises’ single family COVID policies in response to the pandemic and on appraisal modernization efforts. Prior to assuming a policy role at FHFA, Maria led the Office of Credit Risk within FHFA’s Division of Enterprise Regulation, focusing on single family and multifamily credit related safety and soundness matters at the Enterprises.

Assistant Director of Mortgage Markets, Consumer Financial Protection Bureau (CFPB)

Mark McArdle is the Assistant Director, Mortgage Markets at the Bureau. In this role he leads a team that works closely with industry and other stakeholders to help inform the Bureau and the public on current and future trends in the mortgage origination and servicing markets. Before CFPB, McArdle was the Deputy Assistant Secretary for Financial Stability at the U.S. Department of the Treasury. In this role, he led the office that managed the Troubled Asset Relief Program (TARP), including its remaining investment and homeownership preservation programs, and advised the Department on access to credit issues. He also held previous roles at Treasury including Chief Homeownership Preservation Officer and Director of the Hardest Hit Fund.

Executive Director, Single-Family Housing Guaranteed Loan Program, USDA Rural Development

Ingrid Ripley is the Executive Director for Single-Family Housing Guaranteed Loan Program (SFHGLP) for the USDA Rural Housing Service and directs a guaranteed portfolio of $120B. Ripley has over 36 years experience in performance management, strategic planning, loan administration, risk management and primary/secondary financial service markets operations for both public and private sectors. She is recognized for her expertise executing multi-million-dollar multifaceted contracts delivering transformative technology lending platforms, and extensive experience leading reorganizations and initiatives for USDA. Ripley has led multiple Small Business Administration (SBA) high-risk mission-critical contract transitions of innovative loan origination platforms.