Laurie Maggiano, director of policy in the Office of Homeownership Preservation at the Treasury Department, is leaving her position to start anew at the Consumer Financial Protection Bureau.
The “architect” of the Home Affordable Modification Program, the most ambitious and one of the most maligned government initiatives to combat the foreclosure crisis, began the new job recently. She will serve as program manager for servicing and securitization markets in the Division of Research, Markets, and Regulations.
It is for this reason that Maggiano is the only repeat to the list of Women of Influence who was named last year as well. In a phone interview with HousingWire, Maggiano said she would remain heavily involved in the mortgage space, no doubt deeply impacting the regulatory landscape for HousingWire’s core audience.
Since the 2009 initiation of HAMP, Maggiano has held primary responsibility for the research and drafting of 35 major policy documents, an effort that required collaboration with a diverse group of stakeholders within the government and private sectors. Prior to joining the Treasury, Maggiano managed servicing policy at the U.S. Department of Housing and Urban Development.
Additionally, she spent more than a decade in the private sector as a director at Freddie Mac. Maggiano is unique as she is not named for the impact she had on the mortgage market. Maggiaao is named for the impact she will have on the space in the not-to-distant future.
Click below to read about each of this year's 2013 Influential Women in Housing Finance:
Amy Brandt, Prospect Mortgage | Angela Cheek, Ellie Mae | Cari McCue, Guardian Mortgage | Deborah Jenkins, Freddie Mac | Dianna Serio, CoreLogic | Elsa Lewis, Williams & Williams Worldwide Real Estate Auction | Laurie Pyle, Stewart Lender Services | Lisa Binkley, Platinum Data Solutions | Maxine Waters, D-Calif. | Pamela Hughes-Patenaude, Bipartisan Policy Center | Renee Deane, Carrington Property Services | Shana Lakso, Equator | Tanya Reu, Realogy Franchise Group | Toni Moss, Americatalyst | Vicki Beal, Clayton Holdings | Debra Still, Pulte Financial Services | Elizabeth Warren, D-Mass. | Janet Yellen, U.S. Federal Reserve | Joy Cianci, Fannie Mae | Laurie Maggiano, Consumer Financial Protection Bureau