Board of Directors
Bruce Paradis
Chairman of the Board of Directors
Bruce Paradis served as the CEO of GMAC-RFC (now Residential Capital LLC) for 13 years until his retirement in 2007. He is a founding board member of HPF. Prior to RFC, he held positions at Mortgage Guaranty Insurance Corp (MGIC) and First Federal Savings in Minnesota. Currently, his work includes serving on various boards of directors and as a partner at Nucleus LLC, an investment/advisory company which specializes in real estate.
Sharon Sayles Belton
Sharon Sayles Belton is currently the Director of Community Relations and Corporate Philanthropy at GMAC Financial Services. She is also a senior fellow at the Hubert Humphrey Institute at the University of Minnesota. Mrs. Belton is a nationally recognized expert on public/private partnerships that address public safety, neighborhood livability and economic development. Mrs. Belton served as the mayor of the city of Minneapolis from 1994 to 2001. During her tenure, she facilitated the creation of the nationally recognized Phillips Partnership to address public safety, job creation and quality housing in one of the poorest neighborhoods with the one of the highest crime rates in Minneapolis.
Barrett Burns
Barrett Burns is the current President and CEO of VantageScore. Mr. Burns has more than three decades of professional experience in risk and credit management and has held a diverse number of national and international leadership positions at several of the country's most prestigious financial services companies. Prior to joining VantageScore, Mr. Burns was the Executive Vice President at U.S. Trust, heading the National Private Banking Group. He was also a member of U.S. Trust’s Executive Committee and the Senior Management Team of parent company, The Charles Schwab Corporation. Mr. Burns also served as Senior Vice President and Chief Credit Officer of Finance One Banking Group, the consumer and commercial finance unit of Bank One that was, at the time, the nation's fifth-largest finance company. He holds a BA in Economics from Washington and Jefferson College.
Joseph Donovan
Prior to his retirement in February 2007, Joseph Donovan was chairman of Credit Suisse's ABS and debt financing group, which he led since March 2000. Before that, Mr. Donovan was a managing director and head of asset finance at Prudential Securities from 1998 to 2000 and at Smith Barney from 1995 to 1997. Mr. Donovan began his banking career at The First Boston Corporation in 1983, ultimately becoming a managing director at CS First Boston, where he served as Chief Operating Officer of the Investment Banking Department from 1992 to 1995. Mr. Donovan holds an MBA from The Wharton School and a degree in Accountancy from the University of Notre Dame. Mr. Donovan is the Lead Independent Director and Chairman of the Audit Committee of Babcock & Brown Air Limited (NYSE: FLY), an aircraft leasing company headquartered in Dublin, Ireland; a director of RAM Holdings, Ltd. (NASDAQ: RAMR), a Bermuda-based provider of financial guaranty reinsurance; and a director and Chairman of the Investment Committee and member of the Compensation Committee of Cohen & Company, a NYC based broker-dealer and asset management company (AMEX: COHN).
Tom Jacob
Tom Jacob is currently president of Jaytee Associates, which provides business process outsourcing advice and investment. Mr. Jacob retired from Chase Manhattan Mortgage Corporation in 2003 after 12 years as Chairman and Chief Executive. Mr. Jacob is a consumer banker with domestic and international experience. Throughout his career, he has developed and led large and successful credit card, consumer finance and branch banking businesses. He has held leadership roles in advanced risk management, fair lending programs and affordable lending programs.
Herb Morse
For two years following his retirement, Herb Morse served as Senior Advisor to the Managing Directors of The Barents Group, a KPMG subsidiary which consults clients in the emerging market countries of the world. Mr. Morse served as Managing Partner of KPMG’s New York Metro Practice and as a member of the firm’s Management Committee. Prior to moving to New York, he was Managing Partner of the Boston office, where he joined the firm. As Managing Partner in New York and Boston, Mr. Morse had general management responsibilities for the quality of service to clients, generations of new business and overall representation of the firm, human resources and financial performance of the practice.
Torod B. Neptune
Torod B. Neptune joined Verizon Communications Inc. in May 2010 as Corporate Vice President of Communications, Products and Services. In this role, Mr. Neptune is responsible for leading communications strategy and implementation of Verizon's telecom and business product lines worldwide, including media and industry analyst relations, social media, digital strategy and public relations. Mr. Neptune also serves as a key member of Verizon’s communications leadership on issues and initiatives affecting the company. Mr. Neptune previously was a leader of Waggener Edstrom Worldwide's Global Public Affairs Practice and was General Manager of its Washington, DC office. A communications strategist and business advisor with over 17 years of experience during the intersection of global business strategy and public policy, Mr. Neptune is highly regarded for directing some of the most complex reputation management, public affairs, public policy, and crisis and issues management campaigns for a range of industries, NGOs, issue coalitions and foreign governments. Prior to Waggener Edstrom Worldwide, Mr. Neptune was Chief Communications Strategist for the U.S. Congress and immediately preceding Capitol Hill, was Senior Vice President of Corporate Affairs for Bank of America Corp.
Mike Seats
Mike Seats worked as Executive Vice President at Residential Capital LLC (ResCap) until 2007 and was responsible for the legal and public policy functions. Seats joined GMAC-RFC (now ResCap) in 1990, and held several positions in the legal department and international business development. Prior to joining ResCap, Seats worked as an attorney for a Houston-based law firm where he specialized in the areas of banking law and creditors' rights. Mr. Seats became HPF's first board chairman in 2003. Mr. Seats is currently involved with several nonprofit organizations.
