Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the Consumer Financial Protection Bureau (CFPB). Having served more than four years at the CFPB, she was a nationally recognized authority on default management and foreclosure prevention.
Prior to her role at the CFPB, Maggiano worked as Director of Policy, Office of Homeownership Preservation at the U.S. Department of the Treasury and Acting Director of Single Family Asset Management at the U.S. Department of Housing and Urban Development. In 2011, she was honored with The Five Star Institute’s Lifetime Achievement Award, an event commemorated in the video above.
Five Star Institute President & CEO Ed Delgado said of Maggiano’s death: “I am deeply saddened by the news of Laurie’s passing. She was a gifted and talented professional, dedicated to public service. But more importantly she was a loving mother and grandmother. I am proud that we shared a special friendship. She will be missed.”