11000 Broken Land Parkway, Suite 700
Columbia, MD 21044
Phyllis Caldwell is an independent financial service professional and founder and sole member of Wroxton Civic Ventures, LLC., which offers advisory services and impact investments to small and emerging social enterprises. She currently chairs the Board of Directors of Ocwen Financial Corporation (NYSE: OCN) and is on the boards of Chemonics International and City First Bank of DC.
Phyllis brings over 25 years of experience in housing and community development finance in the corporate, government and nonprofit sectors. She served at the U.S. Department of Treasury under President Barack Obama where her team was responsible for implementing the Home Affordable Modification Program (HAMP) and other foreclosure prevention initiatives established through the Troubled Asset Relief Program (TARP). Previously, Phyllis was president and CEO of Washington Area Women’s Foundation. She retired from Bank of America in 2007 where she held various executive roles including President of Community Development Banking and leading a national team in tax credit investing, community development lending, investments in Community Development Financial Institutions and small business venture funds.
Over the course of her career, Phyllis has served on several nonprofit boards including Low Income Investment Fund (LIIF), Community Preservation and Development Corporation (CPDC) and Center for International Forestry Research in Bogor, Indonesia. In addition, she was a member of the Community Development Advisory Committee for the Federal Reserve Bank of Richmond.
Phyllis received her MBA from the Robert H. Smith School of Business at the University of Maryland, College Park and is an Executive-in-Residence at the Smith School. She holds a bachelor’s in sociology and urban planning, also from the University of Maryland, College Park.
She lives with her husband, Barry, in Washington, D.C. and they are the parents of three Millennials.