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Freddie Mac appointed Pamela Perry as vice president of single-family equitable housing and Amanda Nunnink as vice president of equity in multifamily housing.
Perry (photoed right) will lead a newly formed team responsible for creating solutions to break through historical barriers to achieving homeownership for minority families across the income spectrum, which has direct implications for wealth accumulation, according to a press release.
Perry brings 25 years of legal experience in the financial services industry with expertise in fair housing and community development. She joined Freddie Mac in 2011 to oversee the company’s fair lending program. She previously advised on solutions for complex corporate finance transactions with firms such as JP Morgan Chase & Co.
"Black Americans face a significant number of barriers to owning a home, many of which can be traced to discrimination and disparities in access to credit. These challenges ultimately contribute to the widening wealth gap we see today," said Perry.
"With this new position we are bringing a dedicated and distinct focus to address some of the most systemic issues we face in homeownership and wealth in communities of color," said Donna Corley, executive vice president and head of single-family business. "Pam brings the experience, passion and strategic leadership required to deliver on Freddie Mac’s mission to make home possible for all Americans."
Nunnink (photoed left) will lead efforts to create sustainable improvements for renters and the rental housing industry and work across multifamily to elevate Diversity, Equity and Inclusion (DEI) principles throughout the division. Nunnink brings nearly a decade of experience working with Freddie Mac’s Optigo network and will leverage her deep relationships with investors, lenders and borrowers to drive industry-wide outcomes.
She joined Freddie Mac in 2012 in production and sales where she led the development of several of Freddie Mac Multifamily’s more innovative offerings. Prior, Nunnink held various production roles for banks and investment groups. Nunnink will also continue most of her duties as vice president, multifamily investor relations until she fully transitions to her new role.
"From investors and lenders to borrowers and renters, we are developing a comprehensive and actionable strategy to foster equitable outcomes for renters from all communities," said Nunnink.
"At Freddie Mac, we are taking active steps to embed diversity, equity and inclusion in every corner of our business," said Debby Jenkins, executive vice president and head of multifamily business. "Amanda’s new role demonstrates Freddie Mac’s clear commitment to support sustainable improvements for the multifamily industry and for renters in the broader financial and housing system."