Mortgage

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

Daniel Gardner to head up GSE’s Single Family Affordable Lending and Access to Credit unit

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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 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...