SEDA Experts Bolsters Structured Finance and Capital Markets Expertise with FHFA Veteran
Event summary
- Phillip Millman joins SEDA Experts as Managing Director on August 5, 2026.
- Millman brings over two decades of experience in mortgage finance, structured products, and risk management from FHFA.
- He led the federal government’s largest commercial litigation involving private label RMBS sold to Fannie Mae and Freddie Mac.
- Previously held capital markets roles at E*TRADE Financial, UBS Warburg, Deutsche Bank, and Bear Stearns.
The big picture
SEDA Experts’ hire of Phillip Millman underscores the growing demand for specialized expertise in mortgage-backed securities and regulatory compliance. His deep ties to FHFA and experience in high-profile litigation could position SEDA as a key player in financial services disputes, particularly as Dodd-Frank’s legacy continues to reshape market structures.
What we're watching
- Regulatory Influence
- How Millman’s FHFA background will shape SEDA’s advisory role in housing finance and Dodd-Frank compliance.
- Litigation Demand
- Whether SEDA can leverage Millman’s expertise to secure high-stakes commercial litigation engagements.
- Market Positioning
- The pace at which SEDA expands its structured finance practice amid evolving capital markets dynamics.