About
Started in 2021, Genrae recognizes that the primary way Americans build generational wealth is through homeownership.
Chief Executive Officer
Timothy Harleth
Chief Executive Officer
Timothy Harleth is a former government agency head, who most recently served as Chief Usher at the White House, a position responsible for its daily operations and staff as well as the official functions of the President and the First Lady. He also has a diverse background in the hospitality industry with over a decade of experience in executive and leadership roles.
Board of Advisors
Andrew Caplin
Andrew Caplin is Silver Professor of Economics at New York University. He has worked extensively on housing finance. He made the first detailed proposal for equity sharing in the book Housing Partnerships, published by MIT Press in 1997. He has extensive knowledge of past and ongoing developments in these markets. He is also a leader in developing Cognitive Economics as a new science complementary to data science. He leads the National Bureau of Economic Research Program on Behavioral Macroeconomics and the Sloan Foundation Grant on Cognitive Economics at Work. He has a forthcoming book An Invitation to Cognitive Economics: The Science of Mistakes, which will be published by Palgrave-Macmillan in their Palgrave Pivot Series.
Mark Calabria
Calabria is the former director of the Federal Housing Finance Agency. During his service, he led the response to COVID-19, as well as laid the groundwork for the removal of Fannie Mae and Freddie Mac from government conservatorship. Prior to his heading of the FHFA, Calabria served as chief economist to former Vice President Mike Pence. He also served as a senior aide to the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Prior to his Senate service, Calabria was the Deputy Assistant Secretary for Regulatory Affairs in the Office of Housing at the U.S. Department of Housing and Urban Development.
David Silberman
Silberman has been involved in consumer finance issues from a wide range of perspectives for over three decades. As President and CEO of Union Privilege, an affiliate of the AFL-CIO, he led the development and oversaw the delivery of a range of consumer financial products and services to union members. He then served as General Counsel and Executive VP of the Kessler Financial Services. He is currently an adjunct professor at the Georgetown McCourt School of Public Policy. He also teaches a course in consumer finance law and policy at the Harvard Law School.