Director, Community Relations and Corporate Philanthropy, GMAC Financial Services

Former Mayor of Minneapolis

Sharon Sayles Belton is currently director of Community Relations and Corporate Philanthropy at GMAC Financial Services. She is also a senior fellow at the Hubert Humphrey Institute at the University of Minnesota. Belton is a nationally recognized expert on public/private partnerships that address public safety, neighborhood livability, and economic development. Belton served as the mayor of the city of Minneapolis from 1994-2001. During her tenure, she facilitated the creation of the nationally recognized Phillips Partnership to address public safety, job creation and quality housing in one of the highest crime, poorest neighborhoods in Minneapolis. 

Tom Jacob

President, Jaytee Associates
Former Chairman & CEO, Chase Manhattan Mortgage

Tom Jacob is a consumer banker with domestic and international experience. Throughout his career, he has developed and led large and successful credit card, consumer finance and branch banking businesses. Jacob retired in 2003 after 12 years as chairman and chief executive of Chase Manhattan Mortgage Corporation. He has held leadership roles in industry organizations and advanced risk management, fair lending and affordable lending programs. Jacob is currently president of Jaytee Associates which provides business process outsourcing advice and investment.  

Bruce Paradis

Chairman of the Board of Directors, Homeownership Preservation Foundation; Former CEO, Residential Capital LLC

Bruce Paradis served as the CEO of GMAC-RFC (now Residential Capital LLC) for 13 years until his retirement in 2007.  He is a founding board member of the Homeownership Preservation Foundation.  Prior to RFC, he held positions at Mortgage Guaranty Insurance Corp (MGIC), and First Federal Savings, MN.  Currently, his work includes servicing on various boards of directors, and as a partner in Nucleus LLC, an investment/advisory company, specializing in real estate.

Mike Seats

Former Vice President - Residential Capital LLC

Michael Seats was most recently an executive vice president of Residential Capital LLC (ResCap) responsible for the Legal and Public Policy functions. Seats joined GMAC-RFC (now ResCap) in 1990, and held several positions within the legal department and in international business development.  Seats became HPF's first board chairman in 2003.  Seats left ResCap in July 2007, to pursue other interests, and is currently devoting a great deal of time to his involvement with several non-profit organizations, including HPF.  Prior to joining ResCap, Seats worked as an attorney for a Houston-based law firm where he specialized in the areas of banking law and creditors' rights. 

Herb Morse

Former Managing Partner of KPMG’s New York and Boston Practice 

Mr. Morse served as Managing Partner of KPMG’s New York Metro Practice and as a member of the Firm’s Management Committee. Prior to moving to New York, he was Managing Partner of the Boston Office where he joined the Firm. For two years following his retirement, Mr. Morse served as Senior Advisor to the Managing Directors of The Barents Group, a KPMG subsidiary which consults for clients in the emerging market countries of the world. As Managing Partner in New York and Boston Mr. Morse had general management responsibility for the quality of service to clients, generation of new business and overall representation of the Firm, human resources, and financial performance of the practice.

Mary Reilly

Principal, Brophy & Reilly LLC

Ms. Reilly is a principal at Brophy & Reilly LLC, a consulting firm specializing in housing development services and neighborhood improvement strategies. Prior to forming this company, she was a Senior Vice President with MuniMae, a real estate investment company where she managed the Lending and Acquisitions Group. Before joining MuniMae, Ms. Reilly was a Senior Fellow in the School of Public Affairs at the University of Maryland. Prior to that, Ms. Reilly worked for 10 years as an investment banker specializing in housing finance, first at Mellon Bank and later at Alex Brown & Sons. In both firms, she managed the housing finance groups. Ms. Reilly started her career in the public sector where she helped to create ground-breaking programs for housing investment and purchase for the City of Pittsburgh and eventually served as Director of Housing.

Paul Weech

Principal, Innovative Housing Strategies, LLC

Mr. Weech is the Principal at Innovative Housing Strategies, which he founded in 2008. IHS is a consulting firm that provides public policy insights and strategy development services to various clients. Mr. Weech is also serving as the coordinator and facilitator for an ongoing dialogue among mortgage industry leaders and consumer advocates covering current public policy issues on behalf of the Consumer Federation of America.  Mr. Weech has previously worked for Fannie Mae as the Vice President of Mission Strategy and Execution in the Office of Corporate Strategy; as the Vice President of Analytics and Policy, Regulatory and Corporate Housing Goals; and as the Director of Market Research and Policy Development at Fannie Mae’s National Community Lending Center. Prior to his work at Fannie Mae, he served as Chief of Staff and Senior Advisor for Policy and Planning at the United States Small Business Administration; as Staff Director of the U.S. Senate Subcommittee on Banking, Housing and Urban Affairs of the Committee on Banking, Housing and Urban Affairs; as Senior Analyst for Housing and Credit for the U.S. Senate's Committee on the Budget; and as Regional Group Manager in West Africa for the American International Group.