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April 08, 2014

Freddie Mac VP Recognized as Mortgage Banking "Tech All-Star"

Eric Lyon

Freddie Mac's Eric Lyon, vice president of IT Single-Family Sourcing and Securitization, was one of nine individuals nationwide recognized by Mortgage Banking Magazine for their contributions to mortgage technology.

"These nine individuals are to be congratulated for the technological foresight and innovation they have brought to the mortgage industry," said MBA President and CEO David Stevens. "Their valued work is part of the tectonic shift that is happening in our business."

Lyon, who was nominated for the award by our CIO Rob Lux, was the IT lead for the re-engineering of Freddie Mac’s loan delivery system. He also led the team that built our new Loan Quality AdvisorSM to give greater certainty to our lender customers. And, he is our technology lead on the Common Securitization Platform, a project spearheaded by the Federal Housing Finance Agency.

When the magazine asked Eric how the overarching uncertainty that accompanies this period in Freddie Mac's history affects what he does, he replied: "I feel like we are in the center of a once-in-a-lifetime remaking of the financial markets, and if I can contribute to the foundational technology infrastructure for the next-generation secondary mortgage market… to enable consistency and broad availability of mortgage credit – I will consider that a major victory for the nation."

Congratulations to Eric and all the other Tech Stars for their innovation in moving the industry forward.

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