Donna Corley, Senior Vice President, Division Chief Risk Officer, Single-Family Business
Donna Corley, division chief risk officer for Freddie Mac’s Single-Family business, is motivated by innovation and how she can bring a fresh perspective to managing risk. She’s proud to lead a team of approximately 475 employees that is responsible for analyzing and managing the risks that impact Freddie Mac’s Single-Family business of financing more than 1.5 million homes annually.
On a day-to-day basis, Ms. Corley:
- Establishes credit policy that fosters access to credit in responsible ways.
- Manages the credit performance for Single-Family mortgages.
- Ensures Freddie Mac’s standards for underwriting quality and manufacturing process are followed by Sellers and Servicers.
- Creates models that give lenders transparency into the risk Freddie Mac is willing to make, help take cost out of the mortgage process, and allow sound risk management throughout the Single-Family business.
- Manages counterparty credit, fraud risk and vendor risk.
- Oversees all aspects of operational risk.
Her team has become a market leader by partnering with clients to build a bridge between Freddie Mac’s guidance and customers’ operational implementation of smart risk management practices.
Prior to her current role, Ms. Corley led Freddie Mac’s credit pricing, risk transfer and securitization team. She designed pricing strategies for Single-Family mortgages so that prices accurately reflected the risk profile of mortgages received, oversaw the development of innovative structures to sell credit risk, and managed issuance, sale, and distribution of Freddie Mac’s single- and multi-class securities. In 2014, she and her team were awarded Euromoney’s Global Structured Deal of the Year award and The Banker’s Deal of the Year for the Americas for their first structured agency credit risk (STACR) transaction.
She began her Freddie Mac career as a research analyst and, subsequently, held various portfolio manager positions within the investment and capital markets division for ten years.
Ms. Corley, a 22-year Freddie Mac veteran, is also motivated by supporting other women industry leaders through mentoring. In 2012, she was honored by Working Mother magazine as a Working Mother of the Year and was named one of HousingWire’s Women of Influence 2017.
Ms. Corley holds a Bachelor of Science in business administration from American University as well as a Chartered Financial Analyst (CFA) designation.
Freddie Mac provides liquidity, stability and affordability to the nation’s residential mortgage markets. Freddie Mac supports communities by providing mortgage capital to lenders. Today, Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information, please visit www.FreddieMac.com and follow us on Twitter @FreddieMac.
