In her tenure at Freddie Mac, Xun Wang has been at the center of the organization’s efforts to improve the automated underwriting system, Loan Product Advisor, so that it yields more accurate results. These advances are helping the enterprise achieve its mission of reaching more mortgage-ready borrowers. As the vice president of credit decision models, Wang and her team have set the gold standard for a model community.
Wang specializes in mortgage analytics and complex data science methodologies, and she has developed innovative approaches and modeling techniques. She has taken the lead in developing challenger models and ensuring that the models are built in robust ways that will allow them to be more resilient in the face of future shocks. Her work has not only exemplified industry-leading risk management excellence but also yielded strong business outcomes — creating a flexible, more accurate and more intuitive underwriting models. Wang possesses the knowledge and ability for abstract thinking and formulating ideas, allowing her to analyze and diagnose problems with creative solutions. She motivates her team by supplying thought leadership and promoting productivity, balanced with proactively inviting ideas and innovations to the work. She has helped to create a positive and inclusive culture that prioritizes transparency and consistency, focuses on long-term goals rather than solely immediate deadlines, encourages accountability and collaboration and aims to achieve business outcomes.
What is the best piece of advice you have ever received?
Never stop learning. It encourages me to seek out new experiences, explore different perspectives and always challenge assumptions. Following this advice has also helped me build my confidence, adapt to new roles and challenges, embrace a growth mindset, and enhance my career.
Vice President of Credit Decision Models