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Press Release

For Immediate Release
March 2, 2005
 
One Senior Vice President, Four Vice Presidents Appointed at the Federal Home Loan Bank of San Francisco
 
San Francisco—The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Patricia M. Remch to Senior Vice President, Mortgage Finance Sales and Product Development; Amy Stewart to Vice President, Corporate Communications; Tom C. Wilson to Vice President, Mortgage Finance; and Julia L. Young to Vice President, Assistant General Counsel. The Bank has also named Richard McCarthy as Vice President, Mortgage Asset Investment Officer.
 
Mr. McCarthy is Vice President, Mortgage Asset Investment Officer, in the Bank’s Treasury Department. He is responsible for analysis and purchases of the Bank’s mortgage-backed securities investments and coordinating their financing and hedging. He also coordinates the financing and hedging of mortgage loans purchased from members. Prior to joining the Bank, Mr. McCarthy was Director of Finance for Moody’s KMV, a firm that offers credit risk management software for fixed-income investors. He earned a B.S. in Finance/Economics and an M.B.A. from the University of Colorado.
 
Ms. Remch is Senior Vice President, Mortgage Finance Sales and Product Development. Ms. Remch is responsible for overseeing the Bank’s relationship with its members, the recruitment of new members, selling products to the Bank’s largest members, and managing new product development. She began her career at the Bank in 1982 as an economist and was quickly promoted to Capital Markets Specialist. Ms. Remch became responsible for selling products to the Bank’s largest members in 1992 and was promoted to Vice President, Sales Manager, in 1998. Ms. Remch earned a B.A. in Economics from State University of New York at Albany. She has an M.A. in Economics from the University of Maryland and completed all course work and qualifying examinations for the doctorate in Economics.
 
Ms. Stewart is Vice President, Corporate Communications. Ms. Stewart manages the development and implementation of corporate, marketing, and financial communications strategies to establish and maintain a favorable image of the Bank with investors, existing and prospective customers, the media, and the public. She was promoted to Assistant Vice President, Corporate Communications, in 1997 after serving as Manager, Marketing Communications, and, prior to that, as Manager, Public Information. Before joining the Bank in 1987, she was Manager of Marketing Communications for Sears Mortgage Securities Corporation and worked as an editor at PMI Mortgage Insurance Co. Ms. Stewart earned a B.A. in History and Literature from the University of California at Santa Cruz.
 
Mr. Wilson is Vice President, Mortgage Finance. In his current position as a Relationship Manager, he works with the Bank’s commercial bank and credit union members, assisting them in using the Bank’s credit facility, and recruits new members. He has been involved in the Bank’s sales and marketing efforts since 1996. Prior to that, Mr. Wilson was a Senior Analyst in the Bank’s Mortgage Finance and Credit departments. Before joining the Bank in 1990, he held positions in the Savings & Loan Research Department at Merrill Lynch and in Equity Trading Operations and Equity Research at Morgan Stanley (formerly Dean Witter Reynolds). Mr. Wilson is a graduate of Pacific Lutheran University, where he earned a B.A. in Finance. He also has an M.B.A. in Finance from the University of San Francisco and is a graduate of the Pacific Coast Banking School.
 
Ms. Young is Vice President, Assistant General Counsel. Ms. Young focuses on community investment programs, employment and personnel issues, as well as privacy and technology issues. Before joining the Bank in 1998, she was a Counsel at the Federal Deposit Insurance Corporation’s San Francisco office. Ms. Young earned a B.A. from the University of Kansas and a J.D. from Washburn University School of Law. She is a member of the Edward J. McFetridge American Inn of Court.
 
The Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank serves and is owned by 356 commercial banks, savings institutions, credit unions, thrift and loan companies, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:

Tracy Fine, (415) 616-2707
finet@fhlbsf.com
 
 
 
© 2000-2008 Federal Home Loan Bank of San Francisco
Federal Home Loan Bank of San Francisco

Press Release

For Immediate Release
March 2, 2005
 
One Senior Vice President, Four Vice Presidents Appointed at the Federal Home Loan Bank of San Francisco
 
San Francisco—The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Patricia M. Remch to Senior Vice President, Mortgage Finance Sales and Product Development; Amy Stewart to Vice President, Corporate Communications; Tom C. Wilson to Vice President, Mortgage Finance; and Julia L. Young to Vice President, Assistant General Counsel. The Bank has also named Richard McCarthy as Vice President, Mortgage Asset Investment Officer.
 
Mr. McCarthy is Vice President, Mortgage Asset Investment Officer, in the Bank’s Treasury Department. He is responsible for analysis and purchases of the Bank’s mortgage-backed securities investments and coordinating their financing and hedging. He also coordinates the financing and hedging of mortgage loans purchased from members. Prior to joining the Bank, Mr. McCarthy was Director of Finance for Moody’s KMV, a firm that offers credit risk management software for fixed-income investors. He earned a B.S. in Finance/Economics and an M.B.A. from the University of Colorado.
 
Ms. Remch is Senior Vice President, Mortgage Finance Sales and Product Development. Ms. Remch is responsible for overseeing the Bank’s relationship with its members, the recruitment of new members, selling products to the Bank’s largest members, and managing new product development. She began her career at the Bank in 1982 as an economist and was quickly promoted to Capital Markets Specialist. Ms. Remch became responsible for selling products to the Bank’s largest members in 1992 and was promoted to Vice President, Sales Manager, in 1998. Ms. Remch earned a B.A. in Economics from State University of New York at Albany. She has an M.A. in Economics from the University of Maryland and completed all course work and qualifying examinations for the doctorate in Economics.
 
Ms. Stewart is Vice President, Corporate Communications. Ms. Stewart manages the development and implementation of corporate, marketing, and financial communications strategies to establish and maintain a favorable image of the Bank with investors, existing and prospective customers, the media, and the public. She was promoted to Assistant Vice President, Corporate Communications, in 1997 after serving as Manager, Marketing Communications, and, prior to that, as Manager, Public Information. Before joining the Bank in 1987, she was Manager of Marketing Communications for Sears Mortgage Securities Corporation and worked as an editor at PMI Mortgage Insurance Co. Ms. Stewart earned a B.A. in History and Literature from the University of California at Santa Cruz.
 
Mr. Wilson is Vice President, Mortgage Finance. In his current position as a Relationship Manager, he works with the Bank’s commercial bank and credit union members, assisting them in using the Bank’s credit facility, and recruits new members. He has been involved in the Bank’s sales and marketing efforts since 1996. Prior to that, Mr. Wilson was a Senior Analyst in the Bank’s Mortgage Finance and Credit departments. Before joining the Bank in 1990, he held positions in the Savings & Loan Research Department at Merrill Lynch and in Equity Trading Operations and Equity Research at Morgan Stanley (formerly Dean Witter Reynolds). Mr. Wilson is a graduate of Pacific Lutheran University, where he earned a B.A. in Finance. He also has an M.B.A. in Finance from the University of San Francisco and is a graduate of the Pacific Coast Banking School.
 
Ms. Young is Vice President, Assistant General Counsel. Ms. Young focuses on community investment programs, employment and personnel issues, as well as privacy and technology issues. Before joining the Bank in 1998, she was a Counsel at the Federal Deposit Insurance Corporation’s San Francisco office. Ms. Young earned a B.A. from the University of Kansas and a J.D. from Washburn University School of Law. She is a member of the Edward J. McFetridge American Inn of Court.
 
The Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgages to people of all income levels and provide credit that supports neighborhoods and communities. The Bank also funds community investment programs that help members create affordable housing and promote community economic development. The Bank serves and is owned by 356 commercial banks, savings institutions, credit unions, thrift and loan companies, and insurance companies headquartered in Arizona, California, and Nevada.

Contact:

Tracy Fine, (415) 616-2707
finet@fhlbsf.com
 
 
 


© 2000-2008 Federal Home Loan Bank of San Francisco