Barbara Pak
Barbara Pak is Vice President of Single-Family Securitization in the Single-Family Portfolio and Servicing Division at Freddie Mac. She oversees the issuance and disclosures for Single-Family Single Class and Multi-Class mortgage-backed securities and is the Program Owner for the UMBS Alignment and Single-Family Master Trust Agreement Programs. Under her leadership the Securitization team has established and continues the expansion of Freddie Mac’s Single-Family Green and Social bond issuance programs.
In her role, Barbara is responsible for ensuring the alignment of Freddie Mac’s $3 trillion portfolio of TBA-eligible securities with those issued by Fannie Mae. In this capacity, she works with business areas across Freddie Mac and with counterparts at Fannie Mae and FHFA to understand the impact of each GSE’s products, programs and policies on our securities.
Barbara also leads a multi-year enterprise-wide initiative, the SF Securitization Integration Program (SIP), to retire Securitization’s mainframe application while modernizing Security Onboarding and other Securitization capabilities.
With Freddie Mac since 2006, Ms. Pak has served in various leadership positions, including Vice President of Conservatorship and Corporate Initiatives, Vice President of Enterprise Data and other leadership positions in Finance, Operations and IT.
Prior to joining Freddie Mac, Ms. Pak worked in the financial services industry for over 30 years in a variety of roles and responsibilities.
Ms. Pak holds a Master of Finance from American University and a Bachelor of Science in Accounting from Virginia Tech. She is a Certified Public Accountant (CPA).
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