Selene Finance
John Freda has extensive experience in compliance, quality control, and risk management. John has worked at various financial institutions, including Selene Finance LP, where they served as VP of Compliance and Quality Control, overseeing the development and management of their compliance management system. John also worked at The StoneHill Group, Inc. as a Director of Quality Control and Compliance and Internal Audit Manager. Additionally, they have experience in loss mitigation and mortgage lending at Bank of America and in executive board membership at Windstar Energy Group, LLC. Prior to that, John worked as a Managing Partner and Compliance Manager at GoodHill Trust and as a National AE Correspondent Lending Division leader at Guaranty Bank.
John Freda pursued an A.A. degree in Business Administration and Management, General from Florida State College at Jacksonville from 2010 to 2014. In addition, they obtained several certifications, including a pursuit of the Certified Internal Auditor (CIA) from The Institute of Internal Auditors Inc. in February 2020, BSA/AML Certified from AllRegs in December 2019, Governance, Risk and Compliance from GRC Certify in November 2019, and Six Sigma Fundamentals from Bank of America in October 2012.
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Selene Finance
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Founded in 2007, Selene was created to provide loan resolution strategies for distressed mortgage investment portfolios. We have evolved to offer capacity and scalability to service all types of residential mortgage loans from performing loans (current, re-performing and new originations) to non-performing loans requiring high-touch, complex special servicing. We are an approved servicer for FHLMC, FNMA, GNMA, VA and USDA. Selene is also only one of two GNMA single-family master servicers and approved sub-servicers in the industry. Selene’s diverse client list includes large banks, small to mid-tier investors, REITS, private equity and hedge funds as well as GSEs and government agencies. Selene’s reputation is built around the principles of successful loss mitigation strategies, proprietary technology and individualized client management. Selene has a national footprint with offices in Jacksonville, FL; Dallas, TX; and Salt Lake City, UT.