Ms. Wiggins has 30 years’ experience in the real estate finance arena. She has served as a member of the Senior Management Team of the AFL-CIO Housing Investment Trust (the “HIT”) since November 2000. The HIT is an investment company registered under the Investment Company Act of 1940 and governed by a Board of Trustees. The HIT currently has net assets of nearly $6 billion. The HIT has distinguished itself as a fixed-income investment manager with a specialization in an important market niche — multifamily and healthcare finance. This specialization along with focused management of its portfolio of mortgage backed securities provides important advantages for pension plans seeking the benefits of a fixed-income investment. In her role as Executive Vice President/Chief Investment Officer, Ms. Wiggins has responsibility for managing multifamily and healthcare investment activities for both market-rate and affordable transactions originated by the HIT’s five offices. In addition, Ms. Wiggins works closely with other members of senior management to develop and implement strategic initiatives and partnerships designed to generate competitive returns for HIT participants and create positive economic impact in underserved neighborhoods nationwide.
Before joining the HIT in 2000, Ms. Wiggins served as a Director for Prudential Mortgage Capital Company (formerly WMF Group), where she managed the structure and underwriting processes for Fannie Mae Affordable Housing Transactions having low income housing tax credits, tax-exempt and taxable bonds, and Section 8 expiring uses. Ms. Wiggins also served as Vice President in WMF Capital Corp. where she managed the securitization process for multifamily and commercial loans. Ms. Wiggins previously served as a Senior Investment Officer with Green Park Financial, a top-rated Fannie Mae DUS Lender, where she was responsible for underwriting housing transactions.
Ms. Wiggins holds active memberships in a number of industry associations including the Urban Land Institute, the National Housing Conference and Mortgage Bankers Association of America. For ULI, Ms. Wiggins serves on the Public Private Partnership Council and the Women’s Leadership Initiative. Ms. Wiggins is also a member and panelist for the National Association of Corporate Directors. She serves as an Independent Director and Advisory Board Member for a variety of publicly traded and not for profit organizations.
Ms. Wiggins holds a Bachelor’s degree in Real Estate Finance from the American University.