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2019 Woman of Influence: Stephanie Milner

Fannie Mae director of capital markets

F1As director of Capital Markets at Fannie Mae, Stephanie Milner heads the GSE’s Market Outreach and Single Security Initiative Readiness program.

Milner was instrumental in the launch of Fannie’s Uniform Mortgage-Backed Security. Through a multi-year effort to prepare stakeholders for the transition, holding roundtable discussions, hosting webinars, speaking at events and having one-on-one conversations to ensure that each investor was fully prepared for the advent of UMBS. She also co-led a team of representatives from Fannie, Freddie and the Federal Housing Finance Agency to drive regulatory change that was critical to the success of the single security. She also worked closely with the Securities Industry and Financial Markets Association to ensure its backing of UMBS and its rollout plan. In her nearly 13 years with the company, Milner has risen through the ranks in large part by developing others. She demonstrates diplomacy by reaching out across the organization to involve others in her thinking, incorporating varying points of view, and accounting for the needs of all parties impacted by a decision or program. She is a role model for continuous improvement in her focus on measurable progress, and she promotes empathy in her efforts to persuade, influence and establish business cases.

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