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Freddie Mac Multifamily has announced several changes of roles to two members of its underwriting team.
Caitlin Mair previously senior director of structured commodity acquisitions and lending has been promoted to vice president of risk allocation and credit. He oversees risk allocation, lending, and underwriting of structured offerings.
Mair joined Freddie Mac in 2010 and has held various roles in multi-generational insurance.
He left the mortgage magnate in 2018 to work for Redwood Trust and most recently served as SVP of Multi-Generation Lending. Mair returned to Freddie Mac as Senior Director of Insurance and Structured Credit in 2020.
Adam Monti was also named vice president of General Procurement, overseeing national general procurement and borrowing.
He has been with Freddie Mac since 2008 and was promoted to Senior Director of Insurance and Lending for the Central Region.
During his 14-year tenure, Monty led several initiatives, including streamlining the documentation process and conducting due diligence processes for top sponsors. Before joining Freddie Mac, he was a financial analyst at LaSalle Bank and TCF Bank.
Ian Ouwerkirk, Senior Vice President of Multifamily Subscription and Excellence, said, “Both are Freddie Mac Multifamily stalwarts who have demonstrated leadership skills and added value to borrowers, lenders, and Freddie Mac Optigo® partners.”
“With Adam and Caitlin’s new roles, Freddie Mac’s underwriting team is strong and resilient for the rest of 2022 and beyond.”
Reference Source: MPA
