David Benson

David Benson Email and Phone Number

Member Board of Directors @ Essent
Washington, DC, US
David Benson's Location
Washington, District of Columbia, United States, United States
David Benson's Contact Details
About David Benson

David Benson is a Board member of Opendoor and former President of Fannie Mae, the largest provider of mortgage credit in the United States with over $4 trillion in assets. As President from 2018 – 2024 he was responsible for each of the P&L producing business units, single-family residential and multifamily, as well as several corporate functions including finance, IT, operations, strategy, human resources, and communications. In 2022 David served as the Fannie Mae’s Interim CEO and was a member of the company’s Board of Directors and a member of the Board’s Community, Responsibility, and Sustainability Committee. He served on the search committee for the permanent CEO hired in December 2022.David pioneered the formation of Common Securitization Solutions, a Fannie Mae-Freddie Mac joint venture, that develops and operates a cloud-native platform which enables the $7 trillion mortgage- backed securities market to achieve enhanced levels of liquidity and standardization. He served on its Board from 2015 – 2024.Throughout the Great Financial Crisis David played a critical role transforming Fannie Mae’s business model. He served as CFO from 2013-2018 (and again in 2021) leading the company to record levels of profitability with a focus on business innovation and modernization of financial reporting infrastructure. During a period of rapid change, spanning eight CEO administrations, David provided stable leadership, continuity, and achievement of strategic objectives. A member, chair, and vice chair of the executive management committee for over 15 years, he was directly involved in all strategic matters since prior to and throughout the government conservatorship which commenced in September of 2008. He has extensive experience with working with the Board of Directors, financial regulators, and other government agencies.As the Executive Vice-President of Capital Markets from 2008- 2013 he successfully converted the largest P&L business unit from a portfolio investing model into a capital-efficient, transactional trading model while reducing risk. As the company’s Treasurer, he ran the largest end user corporate debt and derivative trading operation in the U.S.Prior to his 22 year career at Fannie Mae, David managed several businesses in Institutional Fixed Income for Merrill Lynch based in New York and London. His experience includes debt and preferred capital raising for financial institutions and other high grade companies and sovereigns, credit trading, emerging markets, e-commerce, and enterprise risk management.

David Benson's Current Company Details
Essent

Essent

View
Member Board of Directors
Washington, DC, US
Website:
opendoor.com
David Benson Work Experience Details
  • Essent
    Member Board Of Directors
    Essent
    Washington, Dc, Us
  • Opendoor
    Board Member
    Opendoor Sep 2024 - Present
    San Francisco, California, Us
  • Fannie Mae
    President
    Fannie Mae Aug 2018 - May 2024
    Washington, District Of Columbia, Us
  • Fannie Mae
    Interim Chief Executive Officer
    Fannie Mae May 2022 - Dec 2022
    Washington, District Of Columbia, Us
  • Fannie Mae
    Board Member
    Fannie Mae May 2022 - Dec 2022
    Washington, District Of Columbia, Us
  • Fannie Mae
    Executive Vice President And Chief Financial Officer
    Fannie Mae Apr 2013 - Aug 2018
    Washington, District Of Columbia, Us
  • Fannie Mae
    Executive Vice President - Capital Markets, Securitization, And Strategy
    Fannie Mae Aug 2008 - Apr 2013
    Washington, District Of Columbia, Us
  • Fannie Mae
    Senior Vice President And Treasurer
    Fannie Mae Mar 2006 - Aug 2008
    Washington, District Of Columbia, Us
  • Fannie Mae
    Vice President And Assistant Treasurer
    Fannie Mae Jun 2002 - Mar 2006
    Washington, District Of Columbia, Us
  • Common Securitization Solutions
    Board Member
    Common Securitization Solutions Apr 2015 - Apr 2024
    Bethesda, Md, Us
  • Merrill Lynch
    Managing Director
    Merrill Lynch Jun 1988 - Jun 2002
    New York, Ny, Us

David Benson Education Details

  • Stanford University Graduate School Of Business
    Stanford University Graduate School Of Business
    Mba
  • Harvard Medical School
    Harvard Medical School
    Md
  • Ucla
    Ucla
    Psychobiology

Frequently Asked Questions about David Benson

What company does David Benson work for?

David Benson works for Essent

What is David Benson's role at the current company?

David Benson's current role is Member Board of Directors.

What is David Benson's email address?

David Benson's email address is da****@****mae.com

What is David Benson's direct phone number?

David Benson's direct phone number is +120275*****

What schools did David Benson attend?

David Benson attended Stanford University Graduate School Of Business, Harvard Medical School, Ucla.

Who are David Benson's colleagues?

David Benson's colleagues are Cuong Pham, Stephane Hebert, Jared Nightingale, Alice Lew, Andrew Mccuskey, Kenny Seun, Brandon Harvill.

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