Kevin Cheng
Senior Vice President and Head of Investments & Capital Markets
Kevin Cheng is senior vice president and head of the Investments and Capital Markets Division. He oversees liquidity, financing, credit risk transfer and derivative activities as well as managing Freddie Mac's portfolio of single-family securities and loan investments. His responsibilities also include enterprise functions related to financial/capital/risk analytics, model governance, payments, counterparty risk and third-party risk. He is a member of the senior operating committee.
Cheng previously served as the SVP and head of Mortgage Assets & Risk Transfer at Freddie Mac, overseeing Single-Family Credit Risk Transfer, Cash Window, Agency Trading and Loan Portfolio Management and Structuring. Earlier, as VP of Trading within Freddie’s Retained Portfolio, he managed the firm’s Agency MBS portfolio and developed the Benchmark Specified Pool Program. Prior to joining Freddie Mac in 2014, Cheng held MBS trading positions as a managing director at Citigroup Global Markets.
Cheng earned a B.S. from The Wharton School and a B.S. in Computer Science from the University of Pennsylvania.