secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001026214-22-000076
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freddie Mac Single-Family EVP Donna Corley steps down; separation agreement signed
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- Donna Corley, EVP of Single-Family Business, to step down effective May 26, 2022; six-month transition period ends Nov 25, 2022.
- During transition, she will serve as EVP, Special Advisor reporting to President, with same compensation and benefits.
- Agreement includes mutual non-disparagement, 12-month non-compete with Fannie Mae and FHLBs, and non-solicitation of Freddie Mac employees.
- Corley will execute a second release after separation date, with no additional consideration.
- No knowledge of fraudulent conduct; she releases all claims against Freddie Mac and related parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621422000076/0001026214-22-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621422000076/fmcc-20220525.htm
  HTML page:      https://secwatch.observer/filing/0001026214-22-000076

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