Caroline Patane
About Caroline Patane
Caroline Patane is the Vice President of Single Family Counterparty Risk Oversight at Fannie Mae, with over 25 years of experience in the mortgage industry.
Current Role at Fannie Mae
Caroline Patane currently holds the position of Vice President, Single Family Counterparty Risk Oversight at Fannie Mae. In this role, she is responsible for the oversight of counterparty risk management strategies for single-family portfolios. Her expertise helps ensure that risks associated with counterparties are effectively identified, assessed, and mitigated.
Previous Roles at Fannie Mae
Caroline Patane has held multiple leadership roles at Fannie Mae since 2010. She served as Vice President, Compliance and Customer Evaluation in the Greater Philadelphia Area, as well as Vice President, Servicer Reviews and Measurement from 2013 to 2016. Additionally, she was the Director of the National Servicing Organization from 2011 to 2013 and worked in Loss Mitigation Quality Control - Servicing Management from 2010 to 2011.
Experience at PHH Mortgage
Before joining Fannie Mae, Caroline Patane spent over a decade at PHH Mortgage, where she held various leadership roles. She served as Vice President from 2006 to 2010, Director of Sales Operations in 2005 and 2006, and Director of the Loan Processing Center from 2003 to 2005. She began her tenure at PHH Mortgage in 1992, working her way up from the Closing Department to Supervisor and Manager positions in the Loan Processing and Closing Center until 2003.
Industry Expertise
With over 25 years of experience in the mortgage industry, Caroline Patane has honed her skills in risk management, compliance, servicer reviews, and loan processing. Her background in sales operations and comprehensive understanding of the mortgage lifecycle have been instrumental in her roles at Fannie Mae, where she has been pivotal in developing and overseeing counterparty risk management strategies.
Published Work
Caroline Patane has contributed to the industry by authoring an article focused on the challenges that servicers faced in implementing COVID-19 assistance programs. Her insights highlight the complexities of servicer operations during the pandemic and underline her deep understanding of compliance and service quality issues.