Chief Executive Officer
David Brickman is Chief Executive Officer of Freddie Mac, one of the largest providers of mortgage financing in the United States. He is also a member of the company’s Board of Directors.
Previously, Brickman served as President of Freddie Mac and was responsible for all three business lines – Single-Family, Multifamily and Capital Markets – as well as the information technology and operations areas that support these business lines. Prior to this role, he was the head of Freddie Mac Multifamily, where he presided over a remarkable period of growth – raising annual production from $16 billion in 2010 to almost $80 billion in 2018 and increasing the organization from 300 staff members in four offices to approximately 1000 employees in a dozen locations across the country.
He also firmly established the company's flagship K-Deal Securitization program as one of the leading securitized products in the structured finance markets. Brickman also drove significant innovation and an expansion in Freddie Mac's products and offerings – particularly those that serve the growing need for affordable and workforce housing.
Before serving as head of Multifamily, Brickman served as senior vice president and vice president in charge of the Multifamily Capital Markets business area. In these positions, he oversaw all functions relating to Freddie Mac's multifamily and CMBS investment and capital markets activities. He is the key architect behind several of Freddie Mac's innovative multifamily financing products, including the Capital Markets Execution and K-Deal program, Reference Bill ARM, fixed-to-float suite of products, and Performance-Based PC, for which he holds a U.S. patent.
Brickman completed all doctoral coursework for the Ph.D. program in economics and real estate at the Massachusetts Institute of Technology. He holds a master's degree in public policy from Harvard University and a bachelor's degree from the University of Pennsylvania. He has held appointments as a professorial lecturer of finance at The George Washington University and as an adjunct professor of finance at Johns Hopkins University.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Interim President
Michael Hutchins is the interim president of Freddie Mac and the executive vice president of Freddie Mac’s Investments & Capital Markets division. He is a member of the company's senior operating committee.
The leaders of the company’s Single-Family, Multifamily, Human Resources, Information Technology, Administration, and Enterprise Operations divisions will report to Hutchins in his role as interim president, and he will have such additional responsibilities as determined by the Board of Directors.
As head of Investments and Capital Markets business, Hutchins is responsible for managing all of Freddie Mac's liquidity, financing, securitization and derivative activities as well as managing Freddie Mac's portfolio of Single-Family securities and loan investments.
Hutchins has worked in the financial services industry for over 30 years. Most recently, he was co-founder and CEO of PrinceRidge. Prior to founding PrinceRidge, he was with UBS from 1996 - 2007, holding a variety of positions, including the Global Head of the Fixed Income, Rates & Currencies Group. Prior to UBS, Hutchins worked at Salomon Brothers from 1986 - 1996, and held a number of management positions, including Co-Head of Fixed Income Capital Markets.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and General Counsel
Ricardo A. Anzaldua joined Freddie Mac as executive vice president and senior legal advisor in May 2018 and was appointed to his current role as general counsel in January 2019. He is a member of the senior operating committee.
In his role as principal legal counsel to Freddie Mac, Anzaldua oversees all legal and regulatory strategies, services and resources and manages all corporate governance matters.
Prior to joining Freddie Mac, Anzaldua was executive vice president and general counsel of MetLife, Inc., where, from 2012 to 2017, he was responsible for the company’s global legal operations, global compliance and government relations. From 2007 to 2012, he held senior positions in the legal department of the Hartford Financial Services Group.
Anzaldua began his legal career in 1990 at the law firm of Cleary, Gottlieb, Steen & Hamilton LLP, shortly after graduation from Harvard Law School. The firm named him partner in 1999.
Before attending Harvard, Anzaldua served as publications director and senior editor at the Center for U.S.-Mexican Studies at the University of California San Diego, where he pursued graduate studies in history. He holds a bachelor of arts degree from Brown University, where he studied development economics and Latin American history.
Anzaldua is chairman of the board of trustees for the International Institute of Rural Reconstruction, and he serves on the boards of the Minority Corporate Counsel Association and the New York City Bar. He is a member of the Hispanic National Bar Association and American Bar Association.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Senior Vice President, Enterprise Operations
Charlotte Catalfo was named Senior Vice President of Enterprise Operations in 2017. In this position, she is responsible for providing the overall leadership, strategy and execution for enterprise-wide operational risks – including business resiliency, and information and payment risks. She is a member of the senior operating committee.
In her prior role, she provided the overall leadership, vision and direction for the Single-Family Operations division, which enabled Freddie Mac to purchase, securitize and service all 11 million single-family loans in our portfolio by managing the people, processes and technology at the transaction level.
Catalfo joined Freddie Mac in January 2010 as Vice President, Alternative Markets. Prior to joining Freddie Mac, she held executive leadership roles at Wachovia Corporate Investment Banking, CitiMortgage and Principal Residential Mortgage.
She holds a Bachelor of Arts from the University of North Carolina.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Head of Single-Family Business
Donna Corley was named Executive Vice President and Head of the Single-Family Business in February 2020. In this position, she is responsible for managing the company's relationships with its Seller/Servicers, the performance of Freddie Mac's guarantee book of business, and all sourcing, servicing, risk management and business operations. She is a member of the senior operating committee.
In her prior role as Chief Risk Officer of Single-Family Business, Corley led the team responsible for analyzing and managing the risks that impact Freddie Mac's Single-Family business of financing more than 1.5 million homes annually.
Corley joined Freddie Mac in 1995 as a research analyst and has since held various portfolio manager positions within the investment and capital markets division as well as led Freddie Mac’s credit pricing, risk transfer and securitization teams.
She holds a Bachelor of Science in business administration from American University and a Chartered Financial Analyst (CFA) designation.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Chief Risk Officer
Anil Hinduja is executive vice president and chief risk officer. He is a member of the senior operating committee. In his role, Hinduja is responsible for providing the overall leadership and direction for the company's Enterprise Risk Management division, and for leading an integrated risk management framework for all aspects of risk across the entire company.
Hinduja's decades-long career has been mostly spent at Citigroup. Over the years he has acquired in-depth experience managing risk in global consumer businesses, especially mortgages, both as a credit risk manager and as the head of a mortgage business. He joined Freddie Mac from Barclays PLC, where he served in increasingly broader risk management roles beginning in 2009. He held the position of chief risk officer for Barclays Africa Group Limited, which is majority owned by Barclays Bank PLC. Prior to assuming that role in 2013, Hinduja was group credit director for retail credit risk after serving as chief risk officer for Barclays' retail bank in the U.K.
Prior to joining Barclays, Hinduja spent 19 years at Citigroup in diverse roles with increasing responsibility across finance, operations, sales and distribution, business and risk management in global consumer businesses. In risk, he was director for global consumer credit risk and then chief risk officer for the consumer lending group, where he was responsible for managing risk in the mortgage, auto and student loan businesses. His tenure at Citigroup culminated in his term as president and CEO of Citi Home Equity.
Hinduja holds a Bachelor of Commerce degree from Sydenham College in India and an M.B.A. in Accounting from the University of Cincinnati.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Head of Multifamily Business
Deborah Jenkins is executive vice president and head of Multifamily. She leads all aspects of Freddie Mac’s Multifamily business – the largest capital provider to the U.S. multifamily rental housing market. She is a member of the company's senior operating committee.
Previously, Jenkins served as senior vice president and national head of Multifamily Underwriting and Credit. In this role, Jenkins oversaw all credit approvals and due diligence processes, asset level securitization activities, as well as credit policies and governance for all of Multifamily’s products. This prior-approval approach has produced delinquency rates among the very lowest in the industry while ensuring mortgage liquidity across economic environments. Jenkins also spearheaded enhancements in the company’s underwriting process specifically to support its securitization program, including its signature K and SB Deals.
Prior to that, Jenkins held different positions of increasing responsibility at Freddie Mac Multifamily, including vice president of national underwriting. Jenkins was a senior vice president with Wells Fargo National Bank in Michigan before joining Freddie Mac in March 2008.
Jenkins holds a Master’s degree in Corporate Finance from Walsh College in Troy, Michigan, and a Bachelor’s of Science degree in Corporate Finance from Wayne State University in Detroit.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Interim General Auditor
Laura Lee is the Interim General Auditor of Freddie Mac. She reports directly to the Audit Committee of Freddie Mac’s Board of Directors.
In this position, Lee directs the Internal Audit Division, which is responsible for all internal audit activities. Lee joined Freddie Mac in 2013 as Vice President and Assistant General Auditor focusing primarily on the Single-Family division, Enterprise Operations, and the Chief Administrative Office.
Lee has over 25 years of experience in the banking and real estate industry. She has previously worked in the KPMG Banking and Real Estate practice, the KPMG National Mortgage practice and at Fannie Mae.
Lee is a Certified Public Accountant in Virginia and holds a Certification in Risk Management Assurance. She has a Bachelor of Accounting from the University of Alabama in Huntsville.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Chief Financial Officer
Christian M. Lown is executive vice president and chief financial officer. In this position he is responsible for the company's financial controls, accounting, investor relations, financial planning and reporting, tax, capital oversight and compliance with the requirements of Sarbanes-Oxley (SOX). He is a member of the senior operating committee.
Lown has more than 25 years of banking and finance experience. He was previously EVP and CFO at Navient Corporation. Prior to joining Navient in 2017, he was managing director, Financial Institutions Group at Morgan Stanley, where he co-led the Global FinTech and North America Banks and Diversified Finance investment banking practices. Lown joined Morgan Stanley in 2006 from UBS Investment Bank, where he served as director, Financial Institutions Group and director, Asian Equity/Derivative Sales.
Before joining UBS in 2004, Lown held various positions at Credit Suisse First Boston, Peregrine Investment Bank, and Credit Lyonnaise Global Emerging Markets.
Lown holds an MBA from The University of Virginia's Darden Graduate School of Business Administration, and a Bachelor of Arts in International Relations from Lynchburg College.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Chief Information Officer
Frank Nazzaro is executive vice president and chief information officer. He leads the Information Technology (IT) division and provides corporate-wide leadership for the company’s technology strategy. He is a member of the senior operating committee.
Nazzaro is an accomplished senior technology executive with over 20 years’ experience in the financial services industry. With an in-depth knowledge in infrastructure and applications, he brings a wealth of experience in transformational IT activities and strong leadership capabilities essential to IT’s strategic initiatives, including Cloud migration, Modern Delivery and Employee Technology Experience.
He joined Freddie Mac in 2018 as senior vice president and chief technology officer leading Enterprise Technology Solutions. In this position, he played a pivotal role in the effort to modernize Freddie Mac’s infrastructure, manage environments and deliver competitive technology solutions to employees and customers.
Previously, Nazzaro served as Group Vice President and CTO for Travelport LLC, where he led cloud architecture, infrastructure and operations globally. Before that, he worked as CTO at CIT Group where he was responsible for Transformation, Architecture, Technology Strategy and IT Infrastructure. He has held several senior technology and management roles at RBC Capital Markets, Bridgewater and UBS.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Executive Vice President and Chief Administrative Officer
Jerry Weiss has served as executive vice president and chief administrative officer since August 2010. In this role, he serves as the company’s senior executive liaison to the Federal Housing Finance Agency and the U.S. Department of the Treasury. He oversees Government and Industry Relations and Public Policy, Public Relations and Corporate Marketing, Internal Communications, Conservatorship Affairs and Initiatives, Economic and Housing Research, Regulatory Affairs, Corporate Services and Making Home Affordable - Compliance organizations. He is a member of the company’s senior operating committee.
In addition, Weiss serves as a member of the board of managers of Common Securitization Solutions (CSS), a joint venture owned by the government-sponsored enterprises to establish a universal platform for the issuance and management of agency mortgage-backed securities.
Previously, Weiss served as Freddie Mac’s chief compliance officer and in other senior management roles since joining the company in October 2003.
Weiss has more than 30 years’ experience in the financial services industry. Before joining Freddie Mac, he worked at Merrill Lynch Investment Managers for 13 years, most recently as first vice president and Global Head of Compliance. From 1982 to 1990, he practiced with a national law firm in Washington, D.C., where he specialized in securities regulation and corporate finance matters.
Weiss graduated Phi Beta Kappa from Binghamton University with a Bachelor of Arts in political science. He earned a law degree from The George Washington University.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.
Senior Vice President, Chief Human Resources Officer and Chief Diversity Officer
Jacqueline M. Welch is Chief Human Resources Officer and Chief Diversity Officer. She is a member of the company’s senior operating committee.
Welch brings more than 20 years of experience in HR and inclusion and diversity strategy and execution to Freddie Mac. She partners with the senior team to mobilize and activate people to drive business results. As head of HR, Welch leads a team of experts in the optimal delivery of HR functions, such as talent management, compensation, total well-being and analytics and workforce technology, along with emerging business drivers, such as artificial intelligence. As Chief Diversity Officer, Welch leads Freddie Mac’s inclusion and diversity strategy, engaging employees, diverse suppliers and underserved communities and ensuring the compliance of diversity reporting requirements mandated by law and directed by Freddie Mac’s regulator and conservator, the Federal Housing Finance Agency.
Prior to Freddie Mac, Welch served as Senior Vice President of International Human Resources for Turner Broadcasting in Atlanta. She has also worked for organizations such as West Rock (formerly Rock-Tenn Company), Accenture (formerly Andersen Consulting), Willis Towers Watson (formerly Towers Perrin) and Lord & Taylor.
Welch earned a Bachelor of Arts degree in English from Syracuse University and a Master of Science in Human Resources Management from the Milano Graduate School. She chairs Freddie Mac’s Corporate Diversity and Inclusion Committee, and she also serves on the boards of the HR Policy Association, Habitat for Humanity of Northern Virginia and iRelaunch. Welch has been named a “CHRO of the Year” by HRO Today, a “Diversity Leader of the Year” and “Woman Worth Watching” by the Profiles in Diversity Journal and earned the “Breakaway Leadership Award” by Evanta, a Gartner Company.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we've made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac's blog FreddieMac.com/blog.