Raj Date and Fenway Summer LLC has hit a triple for the ages. In a highly acclaimed move, Fenway Summer added to its depth and its ability to execute on its vision by adding three more top CFPB officials. Garry Reeder, chief of staff; Chris Haspel, senior advisor for mortgage servicing and securitization; and regulatory senior counsel Mitchell Hochberg will join the firm founded by former CFPB deputy director Raj Date.
Fenway Summer is a Washington, D.C.-based firm focused exclusively on the U.S. consumer finance market. Fenway Summer focuses on the intersection of strategic, financial, and regulatory change – particularly with respect to new products and new ventures. The firm advises large banks and finance companies on consumer finance strategy; evaluates private equity investments in whole-company and asset transactions; and incubates and launches new businesses.
Until January 2013, Mr. Date served as the first-ever Deputy Director of the CFPB. He spent more than two years helping to build the startup agency, guiding its major strategic, operational, and policy initiatives. He played a number of leadership roles at the Bureau over time, including leading the organization as the Special Advisor to the Secretary of the Treasury. Before joining the Treasury Department, Mr. Date led a non-profit think tank, the Cambridge Winter Center for Financial Institutions Policy.
With Reeder, Haspel, and Hochberg now in the line-up, you will be hearing a great deal about Fenway Summer. Here is some additional information on each, as well as information on a few other recent hires at Fenway Summer:
A Columbia Business School grad, Reeder spent seven years working for Ziff Brothers before joining the Treasury Department’s auto task force in February 2010. He joined the Bureau later that year as a senior adviser in the office of research, markets, and regulations, which Date led before taking over as deputy director. Reeder became Date’s senior aide and was later promoted to chief of staff in June 2012 when Meredith Fuchs left that post to become general counsel.
Haspel came to the Bureau in June 2011 from Ginnie Mae, where he was a director of asset management and servicer monitoring. Prior to that, Haspel worked as a senior director at Capital One, and also held senior positions at Fannie Mae, BlackRock, GE Capital, and National Cooperative Bank.
Hochberg transferred to the CFPB in June 2011 from the regulations branch of the Division of Consumer & Community Affairs at the Federal Reserve. Before going to the Fed, he worked as an associate at Cadwalader, Wickersham & Taft, and was a legislative correspondent in the office of Rep. Sam Graves (R-Mo.), the chairman of the House Small Business Committee.
Others (Sean O’Mealia and Alison Miller)
Also joining are Sean O’Mealia, a program manager on the Card Markets team in Office of Research, Markets, and Regulations at the CFPB, and Alison Miller, the Deputy Executive Secretary at the CFPB. Previously, Miller was on the staff of Rep. Henry Waxman and committee staff of the House Energy & Commerce Committee.