secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL HOME LOAN MORTGAGE CORP (FMCC)
CIK:        0001026214
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001026214-24-000062
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Freddie Mac appoints James Whitlinger as Interim CFO effective June 29, 2024
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- James Whitlinger, SVP Single-Family CFO since 2014, named Interim CFO effective June 29, 2024; no change in compensation.
- Whitlinger has over 30 years real estate finance experience, including prior CFO at GMAC ResCap.
- Whitlinger's spouse is executive at NewPoint Real Estate Capital; Freddie Mac acquired $1.6B loans from NewPoint in 2023 and $185M in 2024 YTD.
- Freddie Mac is implementing a mitigation plan regarding the spousal relationship.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000062/0001026214-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1026214/000102621424000062/fmcc-20240628.htm
  HTML page:      https://secwatch.observer/filing/0001026214-24-000062

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