Lawrence H. Parks is Senior Vice President, External and Legislative Affairs of the Federal Home Loan Bank of San Francisco (FHLBSF). Larry has been at the Bank for 18 years. In this position, Mr. Parks works with Congress, the Administration, the Federal Housing Finance Agency, member financial institutions, national housing and community development advocates as well as local business and civic organizations to shape the future legislative, regulatory, and policy environment in which the Bank operates.
Prior to joining the FHLBSF, Mr. Parks was a Senior Advisor and Director of Strategic Regional Growth and Finance for the Department of Commerce. He was the Secretary of Commerce’s chief policy advisor on regional growth, economic development, minority business and finance issues. In this capacity, he led the Clinton Administration’s effort to revitalize the California economy by creating partnerships between business entities, non-profits and the federal government to expand businesses and grow jobs in California, particularly defense contractors seeking to commercialize and export their products abroad. He served on the White House’s National Economic Council and the Domestic Policy Council.
Prior to work with the Clinton Administration, Mr. Parks was the Associate Legislative Counsel and Director at the Mortgage Bankers Association. Mr. Parks was also counsel to the Senate Banking Committee’s Housing and Urban Affairs Subcommittee, where he was the primary staff author of the Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA) reforms that made CRA and HDMA information public. While counsel on the Senate Banking Committee, he also established in law the Affordable Housing Program (AHP) of Federal Home Loan Banks.
Mr. Parks has served on two Presidential Transition Teams at the Department of Commerce. For the Obama Administration he was selected as the co-lead for the International Trade Administration at the Department of Commerce. For the Clinton Administration, Mr. Parks reviewed contracts, pending regulatory actions and authored key sections of the transition report on the Economic Development and Minority Business Administration at the Department of Commerce. In addition, he structured the Office of the Secretary for the Commerce Department.
He was a judicial clerk to the Honorable James Giles, U.S. District Court for the Eastern District of Pennsylvania. He is a Magna Cum Laude graduate of Temple University and a graduate of the Yale Law School.