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Elected Member

David
B.
Rich III

Location
Washington, DC, USA
Affiliation
Fannie Mae
Education
Wheaton College
University of Richmond, The T.C. Williams School of Law

David Rich is Enterprise Deputy General Counsel and Senior Vice President at Fannie Mae, where he provides strategic leadership and legal support for the enterprise’s Single-Family and Multifamily Securitizations, Capital Markets, Balance Sheet Management, Corporate Disclosure & Securities, and the Office of the Trustee teams, partnering closely with senior leaders across the enterprise to help navigate the dynamic regulatory landscape and advance Fannie Mae’s mission.  

 

Prior to joining Fannie Mae he served as a Managing Director and Deputy General Counsel at BNY Mellon, the world’s largest custody and safekeeping bank, managing the legal affairs associated with company-wide regulatory and supervisory concerns, including those arising out of the Dodd-Frank legislation, Basel Committee reforms, and the Enhanced Prudential Standards applicable to the largest and most complex internationally active U.S. banking organizations, as well as mergers & acquisitions, balance sheet portfolio investments, and corporate treasury.  Before joining BNY Mellon, David served as Managing Director & Associate General Counsel at Bank of America, where his practice included a variety of increasingly senior legal positions, including serving as the company’s principal disclosure attorney, the senior securitization attorney, having a leadership role in responding to franchise risks concerning residential mortgage foreclosure process related issues, and advising in a number of acquisition transactions, including those of Merrill Lynch and Countrywide. He began his career with Hunton & Williams. 

 

David serves on the Board of Managers of the Society of the Sons of the Revolution in the State of New York, which owns Fraunces Tavern and the Fraunces Tavern Museum, the Board of Directors of the Holland Lodge Historical Society, the American Overseas Memorial Day Association, and is a member of the American Law Institute. He received an A.B. from Wheaton College in Norton, Massachusetts and a law degree from The University of Richmond School of Law.  David and his wife reside in New York, New York and Pinehurst, North Carolina, and they have two adult sons both of whom are serving as active-duty infantry officers in the United States Army.