New Board Member, Dr. Ann B. Schnare
Posted on June 14, 2023
Dr. Ann B. Schnare is President of AB Schnare Associates LLC, a consulting firm specializing in housing and mortgage finance. She provides a range of consulting services focusing on the mortgage and housing markets, financial reform, the secondary mortgage market, credit scoring and credit risk, and fair lending. Her clients include financial institutions, trade associations, law firms, consulting companies, and credit bureaus. From 2010 to 2016, Dr. Schnare staffed a CEO-level policy forum comprised of the nation’s largest mortgage lenders that addressed a variety of policy and business issues related to mortgage regulation and financial reform. She has also assisted clients attempting to create a secondary market for mortgages to recent immigrants, developed automated underwriting models for nontraditional borrowers, and evaluated the potential use of so-called “alternative data” in the assessment of credit risk .
Prior to starting her own firm in 2000, Dr. Schnare was Senior Vice President for Corporate Relations at Freddie Mac. During her tenure at Freddie Mac, she served on the company’s operating committee; directed the company’s corporate communications, industry relations, issues management, and philanthropic giving; and ran its research division. Dr. Schnare has served as Director of Housing and Public Finance at the Urban Institute and managed several large government consulting practices. In addition, Dr. Schnare was Chair of the Center for Housing Policy from 2000 through 2006, and also served on the Board of Volunteers of America National Service. Dr. Schnare holds a PhD in Economics from Harvard University and a BA, summa cum laude, from Washington University in St. Louis.