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Former Chairman of Fanny Mae to Address Chamber Luncheon

Image of Egbert Perry

The grand finale to the upcoming Chamber Investment Symposium “Alternative and Innovative Investment and Financing Options”, will be delivered by Egbert Perry, Former Chairman of Fannie Mae on Wednesday May 22nd from 1:30 p.m. at the Harbor Club Hotel.

Fannie Mae is the Federal National Mortgage Association, sponsored by the US Government and founded in 1938 by Congress. It was established to stimulate the housing market by making more mortgages available to moderate to low income borrowers. The corporation has as its purpose expanding the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities, allowing lenders to reinvest their assets into more lending and in effect increasing the number of lenders in the mortgage market. Egbert Perry is an Antiguan by birth and now heads the Atlanta based firm, the Integral Group executing one of the largest development projects in Atlanta currently.

Perry will be speaking on the subject of “Challenging Conventional Wisdom on Economic Development”, exploring his views on the importance of developing the economy using differential thinking but based on sound economic business principles and investment, financing instruments with nationals playing a leading role.

The Chamber invites the business community to join in an engaging and thought-provoking day, which will conclude with a powerful presentation by Egbert Perry. If one is challenged to spend the entire day one can join the Executive Luncheon Presentation and be part of a riveting, informative and eye opening presentation.  Bank of Saint Lucia Investment Services, Invest St Lucia and First Citizens Investment Services are co- sponsors of this event.

The Chamber encourages St Lucians to take advantage of this informative presentation. To register, please contact the Chamber Secretariat.

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