Freddie Mac finalizes multifamily senior management team with two appointments

The lender adds two senior vice presidents to its multifamily leadership line-up

Freddie Mac finalizes multifamily senior management team with two appointments

Freddie Mac Multifamily has added two executives to its senior leadership team to strengthen its multifamily business amid challenging market conditions.

The firm has appointed Steve Johnson as head of production and sales and Bill Buskirk as chief operating officer. Johnson, who has served in his current position on an interim basis since May, will continue to lead the sourcing, originating, and structuring of all Freddie Mac Multifamily loan products. Meanwhile, Buskirk – previously chief financial officer – will now be in charge of asset management, loan administration and servicing, counterparty risk management, marketing and communications, business strategy and board reporting, and business insights.

“It is my privilege to announce Steve Johnson as our head of production and sales and Bill Buskirk as our chief operating officer,” said Kevin Palmer, head of Freddie Mac Multifamily. “These two leaders bring a combined 42 years of experience at Freddie Mac, during which they have helped our segment grow to become a powerhouse leader in multifamily. They have strengthened our business and helped us navigate dynamic and challenging markets. They come to work each day intent on meeting our mission. Steve and Bill finalize our multifamily senior management team, setting us up for a great year in 2023 and success in the years ahead.”

Johnson has been with Freddie Mac for 22 years. Before overseeing the multifamily production and sales team, he served as vice president of small balance lending (SBL) and targeted affordable housing (TAH). He played a key role in Freddie Mac’s SBL initiative and expanded the TAH business.

Buskirk joined Freddie Mac in 2002 and has served as multifamily chief financial officer for almost 13 years. As CFO, he spearheaded the strategic direction of the multifamily business. Prior to joining the GSE, Buskirk was an audit manager at Arthur Andersen.