October 5, 2022
Faith Schwartz is a leader in the housing industry and has served in executive leadership roles for many large companies, including H&R Block, Dominion Bancshares, Freddie Mac and CoreLogic. She has founded and managed growing organizations such as HOPE LoanPort, TMC mortgage and HOPE NOW. Schwartz led the HOPE NOW Alliance through the Great Recession of 2008, working with two administrations, government agencies, banks, Wall Street firms and nonprofits. Today she continues to reach at-risk borrows by leading a pro-bono effort “Not Ok? That’s Ok,” a campaign to reach at-risk borrowers through 60 banks and mortgage companies, 120 nonprofits, co-branded with the CFPB, at COVIDHELPFORHOME.org.
Schwartz is the CEO and founder of strategic advisory firm Housing Finance Strategies, which serves banks, mortgage companies, nonprofits and fintech companies. Her focus is on “all things housing” and modernization of the mortgage business. She hosts an annual conference, HOUSINGDC22, which addresses housing policy, tech modernization and regulatory issues and supports women in leadership.
What’s the best advice you’ve ever received?
One of my leaders once said, “I have complete trust in what you are doing, and I am here solely as a resource that you may need.” It is a reminder, when you hire someone to work for you, give them the reins and be there for them.