Ravi Shankar has joined Freddie Mac as senior vice president and head of single-family portfolio and servicing. He brings over three decades of experience managing multibillion-dollar finance, capital markets, portfolios and mortgage trading operations.
A former Freddie Mac executive, Shankar is a member of the company’s senior operating committee, reporting to Mike Hutchins, president of Freddie Mac.
“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,” says Hutchins. “I look forward to working with this talented executive as we continue to fulfill Freddie Mac’s important mission of making home possible.”
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.
Shankar’s previous tenure at Freddie Mac spanned 2013-2019. Most recently, Shankar held senior advisor positions at Boston Consulting Group and United Wholesale Mortgage. Prior to joining Freddie Mac in 2013, he spent seven years at JP Morgan Chase in a number of key roles, including chief financial officer, head of capital markets, and portfolio manager at Chase Home Finance. Prior to that, he worked in various senior positions with Citigroup for 16 years.
Photo by christian koch on Unsplash
