"Hugh Frater brings experience spanning mortgage-backed securities, agency finance, and commercial real estate lending at a time when nonbank lenders are racing to modernize underwriting and secondary market execution with automation and AI."
"Garg pointed to Frater's roles in helping build BlackRock's fixed-income and mortgage-backed securities businesses, leading Berkadia Commercial Mortgage LLC and steering Fannie Mae through one of the most complex periods in mortgage history."
"As we use AI to make the mortgage experience faster, easier, and cheaper for Americans through Better's AI-native Tinman Platform, Hugh's experience will be critical at the board level in guiding our long-term strategy."
Hugh Frater has been appointed to the board of Better Home & Finance Holding Co. as the company focuses on its Tinman AI mortgage platform. His extensive experience in mortgage-backed securities, agency finance, and commercial real estate lending is crucial as nonbank lenders modernize underwriting with automation and AI. Frater's leadership roles at BlackRock and Fannie Mae, particularly during the COVID-19 pandemic, position him to guide Better's long-term strategy in improving the mortgage experience for Americans through AI technology.
Read at www.housingwire.com
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