Aksel Nielsen
Aksel Nielsen was a philanthropist, founder of the Mortgage Banking Association’s School of Mortgage Banking, a member of the Civil and Defense Mobilization Board, and a close friend and financial adviser to President Dwight D. Eisenhower.
He was born in Denmark and immigrated to the United States in 1910, becoming a naturalized citizen in 1922. He worked in the banking and real estate industries and served as mortgage solicitor in 1925 for the Title Guaranty Company of Denver, CO. He eventually became executive vice president, president, and chairman of the board for this company.
In September of 1953, President Eisenhower appointed him to the Advisory Commission on Government Housing Policies and Programs. During this same period of time, Nielsen was also president and then chairman of the board of the Mortgage Investments Company. In 1958, he became a member of the Civil and Defense Mobilization Board, whose responsibility was to advise the Director of the Office of Civil and Defense Mobilization.
He was born in Denmark and immigrated to the United States in 1910, becoming a naturalized citizen in 1922. He worked in the banking and real estate industries and served as mortgage solicitor in 1925 for the Title Guaranty Company of Denver, CO. He eventually became executive vice president, president, and chairman of the board for this company.
In September of 1953, President Eisenhower appointed him to the Advisory Commission on Government Housing Policies and Programs. During this same period of time, Nielsen was also president and then chairman of the board of the Mortgage Investments Company. In 1958, he became a member of the Civil and Defense Mobilization Board, whose responsibility was to advise the Director of the Office of Civil and Defense Mobilization.