Faith Schwartz created an advisory services firm in 2016 to support on-going efforts to modernize the housing finance marketplace, bringing mortgage into the 21st century. Her work ranges from advisory committees, bank and industry board membership, and advising leaders in growing organizations. Her clients include publicly traded financial services firms, trade associations, fintech’s, and non-profits. She recently signed up to advise one of the largest development companies who manage a housing trust for the Homeless in the state of California. She remains very engaged in the fintech space. In support of housing policy and women executive leadership, Faith teamed up with the NEXT organization as co-founder of NEXTDC events, hosting an inaugural conference in 2019. The second event is now being planned for November 9.10.2020. She is a frequent lecturer and author around all things housing.
A career highlight was leading the HOPE NOW Alliance from 2007 through 2012. She convened the Banks, Mortgage lenders, Investors, Non-Profits, US Treasury, and Government agencies to coordinate a response to the housing crisis and mitigate foreclosures. This Alliance was created at the request of the Bush Administration and Secretary Paulson who asked the industry to lead change out of the historic housing crisis. HOPE NOW prevented over 8 million foreclosures and met with borrowers in their communities along with the loan servicers and nonprofit housing counselors. HOPE NOW collected industry data and created a public data metrics report that informed the Congress, public and consumers around progress that was made to prevent foreclosures. Faith frequently testified to Congress, the Federal Reserve and was a frequent spokesperson on TV, Radio and in print. She started her career in capital markets at Dominon Bankshares Mortgage corporation (DBMC) and held leadership posts in the mortgage and GSE space.
Faith received the Housing Wire Vanguard award in 2018 and was recognized as one of Mortgage Banking’s most powerful women from National Mortgage Magazine 2018. Other awards include Housing Wire’s Women of Influence in 2012, a leadership star award from the Financial Services Roundtable for leading HOPE NOW, and a lifetime achievement award from the Five Star Institute.
Faith holds a BSBA in accounting from Shippensburg State College and an MBA with a finance concentration from the University of Pittsburgh. She splits her time in Austin Texas and Washington DC with her husband Erich and three children.