Freddie Mac taps Capital One VP to lead affordable mortgage lending efforts

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Government-sponsored enterprise Freddie Mac has tapped Daniel Gardner, a longtime champion of affordable mortgage lending, to create new opportunities for low- and moderate-income borrowers and underserved communities.

Daniel Gardner

Daniel Gardner

Freddie Mac announced yesterday that Gardner, who has been vice president of Capital One’s Community Reinvestment Act Business Development and Multicultural Lending division since 2013, has been named vice president of the GSE’s Single Family Affordable Lending and Access to Credit unit. Gardner will join the company on March 30 and report directly to David Lowman, executive vice president of Single Family Business.

Gardner was previously the chief operating officer of the National Community Stabilization Trust, where he worked with Freddie Mac and other financial institutions to convert foreclosed homes into housing for eligible low-and moderate-income families. Prior to that, he spent 13 years in progressive management roles at CitiMortgage Inc. and was its senior vice president and national director for strategic markets between 2006 and 2008.

“Danny also has well-established relationships with many of our customers, as well as the nonprofit organizations dedicated to affordable lending,” said Lowman. “I am confident Danny’s knowledge, executive abilities and long dedication to affordable homeownership will create new opportunities for our customers and Freddie Mac to serve the nation’s borrowers.”

Gardner holds a Bachelor of Science degree in Business Administration from Texas Tech University.

Email Amy Swinderman.

Source: Inman news


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