Working together to make multifamily finance more diverse and inclusive

Fannie Mae DUS lenders are collaborating to improve the diversity of employees serving the multifamily finance industry. Through the DUS DEI Subcommittee, these firms are addressing inclusion and diversity through events, employment opportunities, training, and mentoring.

The DUS DEI Subcommittee, comprised of top executives in multifamily finance, represent the 24 DUS lenders and Fannie Mae.


Sharon Karaffa, Chair, Co-Head of Production - Multifamily Capital Markets at Newmark


Janette O’Brien, Head of Production – Multifamily at KeyBank Real Estate Capital
Pattie Farrell, Managing Director, Head of Commercial Mortgage Underwriting - Multifamily Capital at Wells Fargo

Workstream leaders

Marketing & Communications
Rachel Grossman, Managing Director at JP Morgan Chase Bank

Jamila Houser, Deputy Chief Underwriter at PGIM Real Estate

Emily Schultz, Senior Vice President at Berkadia

Mortgage Bankers Association

Reggie Booker, Associate Vice President Commercial/Multifamily Research
Kelli Burke, Vice President, Commercial Multifamily Finance | Member Engagement
Stephanie Milner, Associate Vice President for Multifamily Policy at Mortgage Bankers Association
Cheryl Malloy, Consultant

Fannie Mae Multifamily

Heather Baker Hoke, Vice President of Marketing, Multifamily
Marcus Cole, Director, Future Housing Leaders - Housing Finance Industry Diversity Recruitment Program
Rob Levin, Multifamily Chief Customer Officer - Senior Vice President
Tray Flowers, Multifamily Customer and Partner Management - Vice President