Industry Veteran Ravi Shankar Appointed Head of Freddie Mac’s Single-Family Portfolio & Servicing Division
November 7, 2022
Source: Freddie Mac
Mortgage and Financial services veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing, Freddie Mac announced today. Mr. Shankar brings over three decades of experience managing multibillion-dollar finance, capital markets, portfolios, and mortgage trading operations. A former Freddie Mac executive, Mr. Shankar is a member of the company’s senior operating committee, reporting to President Mike Hutchins.
“Ravi Shankar brings substantial experience to the company as a respected financial services leader, portfolio manager and Freddie Mac alum. I am pleased to welcome him back to the company,” said Mike Hutchins, President of Freddie Mac. “I look forward to working with this talented executive as we continue to fulfill Freddie Mac’s important mission of making home possible.”
As Head of the Single-Family Portfolio & Servicing Division, Mr. Shankar will have broad responsibility over portfolio management, servicing and the operations and technology that support these activities. As a head of the division, he will play a significant role in supporting Freddie Mac’s mission of providing affordable and equitable housing.
For full report, please click the source link above.