Faith Schwartz, who for the past few years has been known as executive director of the non-profit home retention program Hope Now, is joining CoreLogic as senior vice president of government solutions.
During her time at Hope Now, Schwartz led an agency that essentially brought together servicers, investors, lenders, Fannie Mae, Freddie Mac and regulators to find solutions to save distressed borrowers.
Schwartz's experience in the role will transfer to CoreLogic, where she will lead the firm’s business relationships with financial regulators, GSEs and federal agencies, CoreLogic said.
Schwartz also will oversee policymaker education and manage CoreLogic’s government business.
"Faith’s considerable experience serves as the foundation for her deep understanding of the relationships binding government, consumers and the real estate and mortgage finance industry," said Ben Graboske, senior vice president of real estate and financial services, global sales and client strategy of CoreLogic.
"Her broad industry knowledge and effectiveness as a business leader will help CoreLogic to further develop key relationships in government and strengthen our ability to successfully serve this important market. We are delighted to welcome her to this new leadership role."
While at Hope Now, Faith created the HOPE LoanPort, a nonprofit that provides borrowers, counselors and investors with a platform to work out home retention solutions for distressed homeowners.
Schwartz’s career includes time spent managing risk analytics and secondary market trading and pricing at Dominion Mortgage Corp. She also served as executive vice president for TMC Mortgage, chief operating officer for Fieldstone Mortgage and was formerly an advisor to Dover Mortgage.
Schwartz also served Freddie Mac as director of alternative markets, structured transactions and national sales, and once led Option One Mortgage Corp's public affairs and enterprise risk management.