Freddie Mac Multifamily has announced two senior vice president roles. Steve Johnson will be the head of production and sales, a position that he has held on an interim basis since May, while Bill Buskirk will become chief operating officer. Buskirk will be responsible for asset management, loan administration and servicing, marketing and communications, business strategy and board reporting, and business insights.
Johnson and Buskirk, who previously served as chief financial officer for the division, will report to Kevin Palmer, who was named head of Freddie Mac Multifamily in May.
Bill Buskirk, chief operating officer, Freddie Mac Multifamily
“These two leaders bring a combined 42 years’ 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 navigate through dynamic and challenging markets,” said Palmer. “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 at Freddie Mac for 22 years. Prior to leading the production and sales team, he served as vice president of Small Balance Lending (SBL) and Targeted Affordable Housing. As part of the SBL initiative, he helped establish an efficient execution for five- to 50-unit multifamily properties. He also is credited with overseeing substantial growth in the Targeted Affordable Housing business, including an expansion of immediates, forwards, structured transactions, and low-income housing tax credit equity investments. As the interim head of production and sales, he has been leading the sourcing, originating, and structuring of all Freddie Mac Multifamily loan products.
Buskirk has been with Freddie Mac for two decades, serving as CFO of Multifamily for nearly 13 years. As CFO, he was instrumental in informing the strategic direction of the business, with responsibilities around financing and business reporting, accounting, budgeting, and forecasting. In addition, he has served as a key adviser to the segment’s leadership, providing supporting for pricing approaches, capital allocations and earnings optimization.
