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FSC Principal Brian S. Israel

Professional Experience
During his more than 20-year mortgage banking career, Brian Israel  managed teams responsible for production, operations, risk management, product development, policy administration, technology and project management functions.

He is a past member of the Federal Home Loan Mortgage Corporation’s Affordable Housing and Regional Lender Advisory Boards and a past President of the Illinois Mortgage Bankers Association. He has represented the IMBA as Secretary of the Illinois Department of Financial and Professional Regulation's Residential Mortgage Board, which counsels the State's principal mortgage banking regulator on administrative policy and enforcement matters.

Current Projects
Brian is developing the curriculum for a series of “life skills” classes for Chicago area teens.  Topics will include personal finance management, employment, insurance, problem solving, communication and presentations, conflict resolution, community service and environmental responsibility.
 
Legislative Advocacy
Brian was a member of an inter-association task force that worked with regulators and other interested parties to develop legislation aimed at combating abusive lending practices in Illinois by various means including the registration of individual loan originators.

These statutory changes were enacted in 2003 and took effect in January of 2004. After chairing the committee responsible for drafting the new originator registration exams, Brian developed and conducted pre-registration training sessions, independently and on behalf of the IMBA, for the thousands of mortgage professionals in Illinois and elsewhere   who are subject to these requirements.

Other Interests and Affiliations

  • External Director and Compensation Committee Chair - Z Trim Holdings, Inc., a publically traded food ingredient solutions and technology firm.
  • Advisory Board Member -Step Out USA, a not-for-profit organization creating social, cultural, recreational and educational conections for adults with learning disabilities.
  • President - North Shore Custom Homes, Ltd., a residential real estate development company.
  • Partner - Money Smart Week, a Midwest financial literacy program administered by the 7th District Federal Reserve Bank.
  • Board Member - Ilinois Jump Start Coalition, a not-for-profit organization working to enhance the financial capability of young people through cooperation, collaboration and communication among Members.
  • Executive Committee Member and Immediate Past President - River North Residents’ Association, a not-for-profit community organization representing nearly 10,000 residents.
  • Member - Ely Chapter of Lambda Alpha International, an honorary society working to advance the study and practice of land economics.

An ameteur photographer, avid cyclist and mentor, Brian currently resides in Chicago’s River North neighborhood.

 

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