John Cannon to Join Freddie Mac Multifamily as Senior Vice President, Production & Sales
February 3, 2012
I am thrilled to announce that John Cannon will join Freddie Mac Multifamily effective February 13, as Senior Vice President, Production & Sales, where he will be our chief point person with our customers. John brings extensive industry knowledge to this position, with over 25 years of experience in the mortgage industry. I think it is a testament to our leadership role in the marketplace that someone of John’s caliber wants to join us.
Most recently, John was Executive Vice President with Berkadia Commercial Mortgage where he led the conventional mortgage banking network, GSE Lending, proprietary lending and investment sales platforms. Prior to his role with Berkadia, John held several leadership roles at Capmark Finance, where he managed the conventional and HUD production networks and the conventional sales force and was the lead corporate liaison with the GSEs and conduit lenders. Earlier while at GMAC Commercial Mortgage, John originated servicing-retained commercial mortgage loans for the GSEs and correspondent insurance companies and pension fund clients. He is an alumnus of Lafayette College in Easton, Pennsylvania and earned his Master of Science in Finance at Drexel University.
I know that John is already a familiar face to many of you, as an active member of our Seller/Servicer Advisory Council who has twice chaired the Production Advisory Committee. Through his active involvement with the industry, John has built an extensive network, including commercial and multifamily property owners, appraisers, investment sales brokers, lawyers, and other Program Plus and DUS lenders across the country. Our strong relationships with you and with borrowers are key to Multifamily's success in the industry. John brings a wealth of experience and relationships to Freddie Mac that will provide leadership that helps to move the industry, the market, and our company forward.