DON'T MISS OUT!

5/15/24

VMBA's May 2024 Breakfast Webinar with Freddie Mac!

"Freddie Mac DPA One Program: Connecting Buyers with Down Payment/Closing Costs Assistance"

Presenter & Topic

VMBA is excited to welcome James Hall and Vanessa Jones; Freddie Mac as VMBA's May 2024 Breakfast Webinar guest speaker (please see topic and bio below)!

CLICK HERE TO REGISTER

*Please note that meeting login will be sent to registrants separately.  Please make sure to check your junk email if you don't see this after registration. *

TOPIC

VMBA is excited to welcome Freddie Mac's Vanessa Jones, Affordable Lending Manager and James Hall, Affordable Lending Manager as VMBA's May 2024 Breakfast Webinar guest speakers!

With interest rates remaining elevated and inventory at historic lows, affordability challenges continue to impact the communities we serve. Freddie Mac is continuously innovating to help borrowers overcome the largest barrier to homeownership; down payment and closing cost funds. As part of their commitment to affordable lending, Freddie Mac has been working with local, municipal, and state agencies to compose a master list of down payment assistance programs available in your area. They also have additional options for down payment and closing costs assistance to give borrowers the best opportunity to find a home. Join us as we discuss the topics below!

• Freddie Mac DPA One Tool (launching in VT in early Fall, MA in early summer)
  

- Why did Freddie Mac decide to implement this?

- Benefits to Borrower and Lenders

- DPA Program Provider Benefits

- Demonstration of how and where to access DPA One        

• Refresher of other eligible sources of down payment and closing cost assistance
  

- Home Possible Program and Benefits

- HFA Advantage Program and Benefits

- Home One Program and Benefits

SPEAKER BIOGRAPHY

Vanessa Jones

Vanessa is a 20 year housing and finance leader with a successful record of working across affordable lending, risk management, operations, and business real estate teams to assist with meeting and exceeding goals.

Vanessa supports DPA One and leads the standardized subordinate lien project, Freddie Mac's standardization efforts to deliver greater efficiencies and cost reductions to the housing ecosystem.

Vanessa is also a licensed Real Estate Broker and Accredited Mortgage Professional (AMP).

James Hall

James (Jim) Hall is an affordable lending manager in Freddie Mac's Single-Family Mission and Community Engagement division. He is responsible for promoting, educating, and increasing use of Freddie Mac's affordable lending products, including Freddie Mac HFA Advantage Program and Freddie Mac Home Possible.

Prior to joining Freddie Mac in 2018, James served for 12 years as an assistant director at New Jersey Housing and Mortgage Finance Agency (NJHMFA). Before that, he built over 20 years of private lending experience in the finance industry, spanning the areas of operations, compliance, and business development.

James holds a Bachelor of Arts in business administration from Rutgers University.

*Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since their creation by Congress in 1970, they have made housing more accessible and affordable for homebuyers and renters in communities nationwide. They are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.

DON'T MISS OUT!

5/15/24