This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Michael Bright departed Jan. 16, 2019
Housing and Urban Development (joined: July 11, 2017)
Executive Vice President and Chief Operating Officer | Financial Disclosure »
Former Positions Outside Government
- BlackRock VP
- PennyMac SVP
- The Milken Institute Director
Former Compensation Sources
- Cowen speaking engagement fees
- Milken Institute Wrotee white papers on GSE reform and bank regulation.
- PennyMac Handled all operation issues with Fannie Mae, Freddie Mac, FHA, and Ginnie Mae, including renewals of approval for issuance and securitization.
Employment Assets
| Description | Value | Income |
|---|---|---|
| PennyMac (Housing finance and loan servicing) | $87,500 | |
| Roll Over IRA | ||
| Fidelity Freedom 2040 Fund | $15,001 - $50,000 | None (or less than $201) |
| Fidelity Total Bond Fund | $1,001 - $15,000 | None (or less than $201) |
| Roth IRA | ||
| Fidelity Freedom 2040 Fund | $1,001 - $15,000 | None (or less than $201) |
| Consulting Fee | $10,000 | |
| PennyMac | $50,000 | |
| Milken Institute | $195,000 | |
| Milken Institute 403(b) Defined Contribution Fund | ||
| T. Rowe Price Retirement 2050 Fund | $15,001 - $50,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| 529 NH Portfolio 20207 (All funds invested in "NH Portfolio 2027" diversified mutual fund) | $1,001 - $15,000 | None (or less than $201) |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| Milken Institute | Santa Monica, California | I will not participate in this defined contribution plan after my separation. | June 16, 2016 |
Spouse's Employment Assets
| Description | Value | Income Type | Income Amount |
|---|---|---|---|
| Murphy Research (Market Research) | salary, bonus | ||
| Roth IRA | |||
| Fidelity Freedom 2040 | $1,001 - $15,000 | None (or less than $201) | |
| 401k | |||
| Fidelity Government Securities Fund | $1,001 - $15,000 | None (or less than $201) | |
| T Rowe Price Blue Chip Growth | $1,001 - $15,000 | None (or less than $201) | |
| Fidelity Freedom 2040 | $50,001 - $100,000 | None (or less than $201) | |
| Fidelity Total Bond Fund | $1,001 - $15,000 | None (or less than $201) | |
| Fidelity Diversified Fund | $1,001 - $15,000 | None (or less than $201) | |
| Fidelity Freedom 2035 | $1,001 - $15,000 | None (or less than $201) | |
| Wasatch Small Cap Growth | $1,001 - $15,000 | None (or less than $201) | |
| PIMCO Total Return Fund | $1,001 - $15,000 | None (or less than $201) |
Do you know something about Michael Bright? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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