Federal Home Loan: Freddie Mac Appoints Heidi Mason General Counsel – Form 8-K

Freddie Mac appoints Heidi Mason general counsel

MCLEAN, Va. (February 14, 2022) Freddie Mac (OTCQB: FMCC) today named Heidi Mason as Executive Vice President and General Counsel, bringing Freddie Mac 25 years of experience in mortgages, financial services, consumer protection and securities law. Mason will assume general counsel responsibilities from executive vice president and chief administrative officer Jerry Weiss, who has served as acting general counsel since March 2021. Mason will join the company on March 7. Weiss will continue to serve as Chief Administrative Officer of Freddie Mac.

“I am very pleased to announce that Heidi Mason will join Freddie Mac as Executive Vice President and General Counsel,” said Michael DeVito, CEO of Freddie Mac. “Heidi brings deep expertise in areas spanning the entire legal spectrum, including mortgages, services, access to credit and regulatory issues, among others. I am confident that she will quickly become a valuable member of management team at Freddie Mac. I would like to thank Jerry Weiss for his invaluable service to the Board of Directors and to senior management as Acting General Counsel, where he led the company through a number complex legal, regulatory, business and governance issues.”

Mason joins Freddie Mac from ElevateNext Law, a majority women-owned law firm, where she was a partner and provided legal, advisory, and regulatory compliance services to financial services firms across the United States. Previously, she spent 17 years at Wells Fargo, serving as Executive Vice President and Senior Assistant General Counsel. During his tenure at Wells Fargo, Mason led legal support for its consumer businesses. She was previously head of the corporate legal team, where she oversaw company-wide legal support in corporate governance, employment law and many other areas.

Mason earned a bachelor’s degree from Iowa State University and his JD from Georgetown Law Center.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our founding by Congress in 1970, we have made housing more accessible and affordable for buyers and renters in communities nationwide. We are building a better housing finance system for buyers, renters, lenders, investors and ratepayers. Learn more at FreddieMac.com, Twitter @FreddieMac and the Freddie Mac blog FreddieMac.com/blog.

# # #

Priscilla C. Carnegie