$FNMA builds a sustainable housing finance system for the future
October 20, 2014
Brian P. Brooks Appointed Executive Vice President, General Counsel and Corporate Secretary
Legal executive with business background joins Fannie Mae as it supports the economic recovery and builds a sustainable housing finance system for the future
Callie Dosberg
202-752-3117
WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today it has appointed Brian P. Brooks, 45, as executive vice president, general counsel, and corporate secretary effective November 10. Brooks joins Fannie Mae from OneWest Bank where he was vice chairman and chief legal officer.
“Brian has an impressive background in business and law, and is deeply credentialed in financial services and housing finance,” said Timothy J. Mayopoulos, president and chief executive officer at Fannie Mae. “Brian is an outstanding complement to our leadership team as we focus on supporting the economic recovery, improving our company, and building a sustainable housing finance system.”
Brooks has more than 20 years of legal and business experience. At OneWest Bank he advised executive management and the board of directors on all key legal, risk, and strategic issues, developed and implemented strategies to manage litigation and government inquiries, and led the bank’s compliance with regulatory orders on mortgage servicing and foreclosures.
“It is an honor to become part of Fannie Mae and join their important work to support the economic recovery and build a strong housing finance system for the future,” said Brooks.
Prior to OneWest Bank, Brooks was a managing partner at the global law firm O’Melveny & Myers where he led an office of more than 150 attorneys and played a lead role in crafting the banking industry’s response to the 2010-2011 foreclosure crisis.
Brooks received his law degree with honors from the University of Chicago, and holds a BA in Government from Harvard University from which he graduated cum laude.
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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