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Speakers and Panels

David Brickman

David Brickman

CEO

NewPoint Real Estate Capital

Willy Walker

Willy Walker

Chairman & CEO

Walker & Dunlop

Cedric Bobo
Moderator

Cedric Bobo

Co-Founder

Project Destined

David Brickman

CEO

NewPoint Real Estate Capital

David M. Brickman is the Chief Executive Officer of NewPoint Real Estate Capital and

Executive Chairman of Meridian Capital Group, a leading commercial real estate

services firm. He also serves as a Senior Advisor to Stone Point Capital, a leading

private equity firm in the real estate and financial services arenas.

At the end of January 2021 David stepped down as Chief Executive Officer of Freddie

Mac, one of the largest providers of mortgage financing in the U.S. Prior to that, he

served as President and as a member of the Board of Directors. During his tenure he led

the $2 trillion company through a period of significant growth, change, and disruption as

the firm successfully navigated the challenges of the COVID crisis.

Brickman spent most of his career at Freddie Mac leading and transforming the

multifamily business, presiding over a remarkable period of growth. Production rose

from $16 billion in 2010 to almost $80 billion in 2018. He also established the

company’s flagship K-Deal securitization program as one of the leading securitized

products in the structured finance market. He drove significant innovation by expanding

Freddie Mac’s products and offerings – particularly those serving the growing need for

affordable and workforce housing.

Brickman’s educational accomplishments include doctoral coursework for a Ph.D. in

economics and real estate at the Massachusetts Institute of Technology, a master’s

degree in public policy from Harvard University and a bachelor’s degree from the

University of Pennsylvania. He’s been a professorial lecturer at George Washington

University, an adjunct professor at Johns Hopkins University and is a non-resident

Fellow at the Urban Institute. He also holds a US patent for a unique mortgage-backed

security structure.

Willy Walker

Chairman & CEO

Walker & Dunlop

Willy Walker is consistently recognized as one of the most influential executives in the United States commercial real estate finance industry. He joined the company in 2003 as executive vice president and chief operating officer and became chief executive officer in 2007. Under Mr. Walker’s leadership, Walker & Dunlop has grown from a small, family-owned business with one office and forty-six employees to become one of the largest commercial real estate finance companies in the United States with twenty-five offices and over five hundred employees. Walker & Dunlop has been named one of the "50 Fastest Growing Companies" in the Washington Region every year since 2011, named a "Great Places to Work" in 2012, 2013 and 2015, and named a “Top Workplace” by the Washington Post in 2014 and 2016. Investors in Walker & Dunlop’s IPO saw their stock appreciate 191% in the company’s first five years as a public company. Mr. Walker won the Ernst & Young Entrepreneur of the Year award in 2011.

Prior to joining Walker & Dunlop, Mr. Walker was president of the European and Latin American divisions of TeleTech, a global business process outsourcing company. He previously worked at private equity firm Newbridge Latin America, and was also general manager of a regional airline start-up in Argentina. He currently serves on the boards of the Mortgage Bankers Association, the Federal City Council, the Sustainable Technology Fund, and St. Albans School. Mr. Walker was Chairman of the Board of the District of Columbia Water and Sewer Authority (DC Water) from 2008 until 2012, and Chairman of the Board of Transcom, a global business process outsourcing company, from 2007 until 2012.

Mr. Walker received his Bachelor of Arts degree from St. Lawrence University and Master’s degree in Business Administration from Harvard University. He has run the Boston Marathon in 2:36, is an avid cyclist, and can likely be found on the ski slopes of Sun Valley when not running Walker & Dunlop.

Cedric Bobo

Moderator

Project Destined

Cedric Bobo is the CEO and Co-founder of Project Destined, a social impact vehicle that trains urban youth and military veterans to be owners and stakeholders in the communities in which they live, work and play.

Prior to founding Project Destined, Cedric spent over 20 years as an investor and investment banker including over 10 years at The Carlyle Group where he committed over $2 Billion of equity capital. In 2015, Cedric was named to the “10 Top Powerful Black People on Wall Street You Should Know.”

Prior to Carlyle, he worked at D.L.J. Merchant Banking (London) and McCown De Leeuw. He is the co-founder of Charter Board Partners, a non-profit focused on governance in the charter school sector. He also serves on the District of Columbia’s Office of Public Charter School Financing and Support Credit Committee and Beauvoir, The National Cathedral Elementary School.

Cedric received his MBA from Harvard Business School and a BSME, summa cum laude from the University of Tennessee.

Summary

  1. Freddie Mac has continued to close new deals over the last three months. How has your overall deal volume compared to your projections from before the crisis?

  2. The FHFA in March moved to offer mortgage forbearance for Freddie and Fannie borrowers. How important of a step was this in mitigating the effects of the crisis?

  3. What have been some of the biggest challenges in closing deals these last few months?

  4. How have you prepared Freddie Mac for the upcoming quarters as the economy enters a downturn? How does this crisis differ from the great financial crisis?

  5. Did the industry learn lessons in the aftermath of the financial crisis that has made it better prepared today?

Agenda

Time Activity
3:00 PM
4:00 PM
Town Hall with Freddie Mac CEO David Brickman

The Future of Financing Market-Rate and Affordable Housing in the Post-Pandemic World