Ed Brady is the President of Brady Homes Illinois with over 25 years of experience within the company. Ed is a member of local, state, and national Home Builders Associations. In 2001, he was named President of the Illinois Home Builders Association and he continues to serve on the Executive Committee for the National Association of Home Builders. Ed is currently the Third Vice Chairman of the National Association of Home Builders. He serves on the Federal Home Loan Bank of Chicago Board of Directors. Ed resides in Bloomington with his wife Michele and their children Brittany, Cassidy, Erin-Kate, and Jack.
As the housing market recovers from its worst downturn since the Great Depression, the time is right to re-assess the role of homeownership in American society. How did we go off-track? What must we do better? What are the crucial elements of sustainable homeownership?
Brickman takes to helm of one of the largest mortgage companies in the U.S. today, and while times at the government-sponsored enterprise are filled with uncertainty, Brickman sees nothing but excitement for the future of Freddie Mac.
When buying a home, many Americans consider a 20% down payment to be the norm, the ideal amount of money to put down to get a conventional mortgage with no private mortgage insurance and to keep monthly payments reasonably affordable.