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Felipe Rael serves as an Independent Director at the Federal Home Loan Bank of Dallas, contributing to the Risk Management Committee and the Affordable Housing and Economic Development Committee since March 2020, after previously serving on the Affordable Housing Committee from January 2016 to March 2020. Additionally, Felipe Rael is the Executive Director of the Greater Albuquerque Housing Partnership since December 2014, leading efforts in affordable housing development and community enrichment. Prior experience includes roles as Director of Housing Development at MFA Housing New Mexico from February 2009 to December 2014, Director at Arbor Realty Trust in 2008, Associate Director at Bank of America from 2004 to 2008, and Analyst positions at Berkshire Mortgage Finance and Bascom Group. Felipe Rael holds an MBA in Finance from the Drucker School of Management and a BA in Economics from Claremont McKenna College.