Mike Reynolds is Vice President and Head of Servicing for the Freddie Mac Single-Family Portfolio and Servicing Division. He is responsible for the outcomes related to collecting mortgage payments due, loss mitigation programs and asset disposition for the Single-Family portfolio.
His team partners with numerous industry partners to manage the financial and credit risks that exist in the servicing ecosystem. Mr. Reynolds also leads the Single-Family climate risk assessment function.
Prior to this role, Mr. Reynolds served as Vice President of Credit Risk Transfer (CRT) in the Investments and Capital Markets Division and was responsible for pioneering the CRT program, transferring single-family credit risk to private investors via STACR® (Structured Agency Credit Risk) securitization and ACIS® (Agency Credit Insurance Structure) re-insurance programs.
Mr. Reynolds has over 25 years of government-sponsored enterprise experience and joined Freddie Mac in 2012 to help launch the Single-Family CRT program. Prior to Freddie Mac, he was vice president of strategic initiatives at Fannie Mae. Earlier in his career, he worked on automated underwriting.
He holds a Master of Science in finance from George Washington University and a Bachelor of Science in business administration from Northeastern University.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog.