Federal Home Loan Bank of San Francisco appoints new CEO

FHLBank San Francisco announced that its Board of Directors has named Teresa Bryce Bazemore as President and Chief Executive Officer of the Bank.

“We are extremely proud and excited to have Teresa’s leadership at Federal Home Loan Bank of San Francisco,” said Dan Siciliano, chairman of the bank’s board of directors. “Teresa Bryce Bazemore has extensive leadership experience in the housing finance industry and a passion for driving economic prosperity for all, which will make her an invaluable asset to the Bank, the members and the communities we serve. serve. She understands our unique role in the housing finance industry, having most recently served on FHLBank Pittsburgh Board of Directors, and she shares our commitment to partnering with others to advance equitable and affordable housing solutions.

Bazemore, 61, was a pioneer in the mortgage industry. As a senior executive in the field, she brings over 25 years of experience building and leading mortgage insurance and service businesses. She served as President of Radian Guaranty from July 2008 until her retirement in April 2017, overseeing strategic planning, business development and operations for the mortgage insurance business line. Prior to becoming president of Radian, she served as executive vice president, general counsel, corporate secretary and chief risk officer. Previously, Bazemore was Senior Vice President, General Counsel and Corporate Secretary of Nexstar Financial Corporation and served as General Counsel for the Mortgage Banking business line at Bank of America.

“It is an honor to have the opportunity to lead the Federal Home Loan Bank of San Francisco, which plays such a vital role in promoting home ownership, affordable housing and economic development in partnership with our members,” Bazemore said. “At a time when the liquidity provided by FHL Banks will be needed to help with national economic recovery, I am delighted to be working with the bank’s team to have a positive impact on our members, their customers and the communities they serve.

Bernadine J. Perkins