Home / News / Fannie Mae Adds Technology and Financial Services Executives to the Board of Directors
Print This Post Print This Post

Fannie Mae Adds Technology and Financial Services Executives to the Board of Directors

Fannie MaeFannie Mae recently announced that Karin J. Kimbrough and Brian P. Brooks were elected to its Board of Directors.

“I am pleased to welcome Karin and Brian to the Fannie Mae Board of Directors,” said Jonathan Plutzik, Chairman of the Board. “We will benefit greatly from their unique insights and perspective as the company delivers on its mission to provide liquidity to the mortgage market and support access to credit and affordable housing for families across the country.”

“Karin and Brian are the right additions to our Board as we continue finding innovative ways to make housing more affordable while driving digital transformation of the mortgage experience for our customers and partners,” said Hugh R. Frater, Interim CEO. “Their deep experience in technology and banking will complement the expertise of their peers on the Board as they help guide us toward achieving our corporate priorities.”

Ms. Kimbrough has served as Assistant Treasurer for Google since October 2017. She previously served as a Managing Director and Head of Macroeconomic Policy at Bank of America Merrill Lynch from November 2014 to October 2017. Prior to that time, Ms. Kimbrough worked at the Federal Reserve Bank of New York from 2005 to October 2014, serving as a director for the Financial Stability Monitoring Function in the Markets Group from 2010 to October 2014 and as a manager for analytical development from 2005 to 2010. Ms. Kimbrough previously worked as an economist and strategist at Morgan Stanley from 2000 to 2005.

Mr. Brooks has served as the Chief Legal Officer of Coinbase Global, Inc. since September 2018. He previously served as Fannie Mae's Executive Vice President, General Counsel and Corporate Secretary from November 2014 to September 2018. Prior to that time, Mr. Brooks was Vice Chairman of OneWest Bank N.A., from 2011 to November 2014, where he served as chief legal officer. Previously, Mr. Brooks was a partner at the law firm of O’Melveny & Myers LLP, where he served from 2008 through 2011 as managing partner of the Washington, D.C. office and from 2010 through 2011 as group leader of the firm’s financial services practice.

About Author: Seth Welborn

Seth Welborn is a Staff Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.
x

Check Also

Mark Calabria on Affordability: ‘A National Problem’

The heads of both the FHFA and the U.S. Department of the Treasury spoke on how GSE reform could impact the quest for homeownership.

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.