[Congressional Record (Bound Edition), Volume 161 (2015), Part 12]
[Extensions of Remarks]
[Page 16819]
[From the U.S. Government Publishing Office, www.gpo.gov]




                       TRIBUTE TO MICHAEL J. HEID

                                 ______
                                 

                            HON. DAVID YOUNG

                                of iowa

                    in the house of representatives

                      Wednesday, October 28, 2015

  Mr. YOUNG of Iowa. Mr. Speaker, I rise today to pay tribute to a 
distinguished Urbandale, Iowa resident and industry leader, Michael J. 
Heid. Mike is a widely respected mortgage industry executive with Wells 
Fargo, whose mortgage business is headquartered in West Des Moines, 
Iowa. Mike recently announced his retirement after an impactful and 
successful 30-year banking career that culminated in spending the last 
eleven years as President of Wells Fargo Home Lending.
  In addition to managing 40,000 employees across the country, Mike has 
been a leader in shaping housing policy while helping the industry 
navigate the unprecedented challenges of the past decade. He devoted a 
great deal of his time to bringing together divergent views on housing 
finance reform and has spent hours acting as a valuable subject matter 
resource to policymakers on Capitol Hill along with multiple 
Administrations.
  A frequent visitor to the nation's capital, Mike has been referred to 
as the ``go-to source'' in Washington for housing policy matters. He 
has testified before Congressional committees on numerous occasions and 
is known for his thoughtful approach and his in-depth and unbiased 
knowledge of the housing industry.
  A native of Wisconsin, Mike joined Wells Fargo in 1988. During his 
twenty-seven years at the company, he has led the servicing function 
and acted as CFO before becoming president of the mortgage business. 
Wells Fargo was the nation's largest home lender during his tenure. But 
Mike hasn't always been perched at the top of the mortgage industry. He 
started at a small mortgage bank whose cash flow was so poor that he 
determined he would have to sell the furniture to stay afloat. Mike 
draws his strength from his family; his wife, his son and his daughter. 
He now has extra incentive to spend more time with his family, having 
two granddaughters living in the Des Moines area. Full-time grandparent 
sounded awfully inviting to Mike.
  Mr. Speaker, I applaud Mike's dedication to the greater Des Moines 
community, and his steadfast commitment to bringing the American dream 
of home ownership to so many. I ask that my colleagues in the United 
States House of Representatives join me in congratulating Mike and 
wishing him and his wife Diane nothing but the best as they plan this 
new chapter in their lives.

                          ____________________