TODAY: Investors Unite Hosts Dr. Cliff Rossi and Matt Seu for Expert Discussion
- October 29, 2014
TODAY: Investors Unite Hosts Dr. Cliff Rossi and Matt Seu for
“Forging a Path for Fannie & Freddie Out of Conservatorship”
A proposal for recap, reform & re-vitalization of America’s home-mortgage giants
DIAL: Toll Free: 866-952-1908; Toll: 785-424-1827
Conference ID: IU
WASHINGTON – Investors Unite Executive Director Tim Pagliara will host a media teleconference today at 3 pm EDT, to discuss a provocative new white-paper analysis on the future of Freddie Mac and Fannie Mae, authored by senior risk-management expert and University of Maryland business professor, Clifford Rossi.
Titled Forging a Path Out of Conservatorship for Fannie Mae and Freddie Mac, the paper demonstrates how the Federal Housing Finance Agency (FHFA) has the statutory authority to end the conservatorship — despite the fact that after 6 years, and $218 billion in realized profits offsetting the government’s 2008 cash infusion, it has refused to do so. Pagliara, Rossi and restructuring expert Matt Seu will discuss how FHFA can release Fannie and Freddie from the conservatorship and begin the process of re-capping and reforming them.
Panelists will respond to Rossi’s proposals and address key challenges and solutions to ending the conservatorship.
Tim Pagliara is Executive Director of Investors Unite, a Fannie Mae and Freddie Mac shareholder, and Chairman and CEO of CapWealth Advisors.
Cliff Rossi is founder and principal at Chesapeake Risk Advisors and Executive-in-Residence & Professor of the Practice at the Robert Smith School of Business, University of Maryland. Prior to entering academia, Dr. Rossi had nearly 25 years’ experience in banking and government as a senior risk management expert for the largest financial services companies and for Fannie Mae and Freddie Mac.
Matt Seu serves as Principal with Actualize Consulting, focusing on mortgage and fixed income practice areas and managing the firm’s accounts on the GSEs. Prior to this, he served as VP at Freddie Mac where he focused on large scale business and technology change efforts. Mr. Seu was responsible for redesigning a significant portion of Freddie Mac’s operational infrastructure and served as head of the corporate enterprise data program.
WHEN: Wednesday, October 29, 2014; 3:00 PM EDT
NOTE: Please RSVP to [email protected]