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Freddie Mac Multifamily Names 2 New Underwriting VPs

Oct 19, 2022
Freddie Mac announced that its Credit Risk Transfer (CRT) program transferred approximately $2.5 billion of credit risk on $69 billion of single-family mortgages from taxpayers to the private sector during the third quarter of this year

Long-time staffers Caitlin Myhre and Adam Monti promoted.

Freddie Mac Multifamily has promoted two long-time staff members to new positions as underwriting vice presidents. 

Caitlin Myhre
Caitlin Myhre

Caitlin Myhre has been promoted to vice president, Risk Distribution & Credit, overseeing risk distribution and credit as well as underwriting for structured offerings, the government-sponsored enterprise said.

In addition, Adam Monti has been promoted to vice president, Conventional Underwriting, overseeing underwriting and credit nationwide for conventional loans, it said.

“Both of these individuals are long-time Freddie Mac Multifamily underwriting staff who have proved their leadership skills consistently over the years, bringing value to our Optigo lenders, borrowers, and Freddie Mac teammates,” said Ian Ouwerkerk, senior vice president of Multifamily Underwriting & Credit. “With Adam and Caitlin in their new roles, the Freddie Mac underwriting management team is firmed up and on strong footing for the remainder of 2022 and beyond.”

Myhre started with Freddie Mac in 2010 and has held a number of roles in Multifamily underwriting. She left Freddie Mac in 2018 to work for a mortgage real estate investment trust (REIT), focusing on the trust’s multifamily investment portfolio, which included Freddie Mac K-Deal B-pieces, and other multifamily debt investments. 

Adam Monti
Adam Monti

She returned to Freddie Mac in 2020 as senior director of underwriting and credit for structured products, and has supported Freddie Mac’s growing equitable housing efforts since returning. Myhre holds a Bachelor of Science in Real Estate from DePaul University.

Monti first joined Freddie Mac in 2008 and rose through the ranks to become senior director of Underwriting & Credit for the Central region.

In his 14 years with Freddie Mac, he led several initiatives, including streamlining documentation processes and leading the top sponsor due diligence process. Monti has a bachelor’s degree in economics from Michigan State University and is a designated Chartered Financial Analyst (CFA) charterholder.

About the author
David Krechevsky was an editor at NMP.
Published
Oct 19, 2022
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