RISMEDIA, August 18, 2010—Realogy Corporation, a global provider of real estate and relocation services, announced that its chief executive officer Richard A. Smith traveled to Washington, D.C., today to participate in the Conference on the Future of Housing Finance. The invitation-only event is being hosted by Secretary of the Treasury Timothy Geithner and Secretary of Housing and Urban Development (HUD) Shaun Donovan.
The conference was designed to provide a forum for public input as the Obama Administration works to develop a comprehensive housing finance reform proposal for delivery to Congress by January 2011. In addition to the panel discussions moderated by Secretaries Geithner and Donovan, the conference included a handful of breakout sessions with a diverse group of experts, including Smith.
“We applaud the Administration’s focus on reforming the housing finance system and for their process of engaging key stakeholders in this ongoing dialogue,” said Smith, who has overseen Realogy’s operations since 1996. “We are proud to participate in this conference to share Realogy’s industry perspective as well as to represent all of the brokers and sales associates who are affiliated with our respective real estate franchise brand networks.”
Smith was invited to share his insights as part of Breakout Session One: “Key Players in a Reformed System: Role of the Private Sector and of Government.” The session was co-moderated by Diana Farrell of The White House, who serves as Deputy Assistant to the President on Economic Policy and Deputy Director of the National Economic Council; Jeffrey Goldstein, Under Secretary for Domestic Finance at Treasury; and Raphael Bostic, Assistant Secretary for Policy Development and Research at HUD.
For more information, visit www.realogy.com.