Michael T. Hernandez is Fannie Mae's Vice President Foreclosure Prevention and Outreach. He reports to the Senior Vice President National Servicing Organization (NSO). Hernandez is responsible for the development and operation of borrower loss mitigation and retention strategies, including the Fannie Mae Mortgage Help Centers, Non-Profit Counseling partnerships and Outreach events and activities. He is also responsible for the development and deployment of Fannie Mae's mortgage mediation initiatives. Before his recent appointment, Hernandez was Vice President Policy responsible for the development and ongoing maintenance of HCD financial risk policies, standards and procedures for establishing and maintaining HCD Delegations of Authority, and for the review and approval of HCD New Business Initiatives. Preceding that position he was Vice President - Community Development HCD for the Southwestern Regional Office, Dallas, TX, responsible for implementing Fannie Mae's American Dream Commitment and directing affordable housing efforts and investments in the ten-state region.Previously, Hernandez held several positions with Fannie Mae including Director of the San Antonio Community Development Center, and Director of Housing Initiatives at Fannie Mae's Washington, DC office. Prior to joining Fannie Mae in July 1993, Hernandez served as the Deputy Assistant Secretary for Single-Family Housing with the U.S. Department of Housing and Urban Development.Early in his professional career, Hernandez was Vice President of Commercial Real Estate with NationsBank where he oversaw the origination and servicing of a $200 million portfolio. Hernandez has a master of business administration from St. Mary's University in San Antonio, TX.
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