Andrew Bon Salle is Fannie Mae’s Executive Vice President of Single-Family Business. Reporting to the President and Chief Executive Officer, he is responsible for the performance of Fannie Mae’s single-family credit book, including establishing credit policy, underwriting standards and pricing terms, quality control management, and lender and mortgage insurer oversight. Mr. Bon Salle is also responsible for managing Fannie Mae’s capital markets single-family products and structured transactions groups.
Most recently Mr. Bon Salle served as Fannie Mae's Senior Vice President and Head of Underwriting and Pricing overseeing the company’s credit risk management and pricing strategies to maximize the profitability of the single-family credit book throughout different economic cycles.
During his tenure at Fannie Mae, Mr. Bon Salle has also served as Fannie Mae’s Senior Vice President – Capital Markets, where he managed the Single-Family Products Group providing lender execution services such as mortgage-backed securities (MBS) and structured product sales and trading, whole loan acquisition and conduit activities, early funding transactions, and pricing of the MBS buy up and buy down grids. Earlier in his Fannie Mae career he was Vice President, Capital Markets Mortgage Assets; Vice President, Portfolio Management; Director, MBS Trading Desk; Director, Direct Sell Initiative; Manager, Early Funding Programs; and Senior Capital Markets Analyst.
Prior to joining Fannie Mae, Mr. Bon Salle was Vice President at Hamilton, Carter, Smith & Company, Inc. where he coordinated the valuation, marketing, and sale of mortgage loan servicing, whole loan transactions, and portfolio evaluations.
Mr. Bon Salle has a master of business administration in finance from American University’s Kogod College of Business Administration and a bachelor of science in business administration from American University.