RAYMOND G. ROMANO

Acting Chief Credit Officer
Senior Vice President of Credit Risk Oversight

Raymond G. Romano was named Freddie Mac's acting chief credit officer in September 2008. This is a new position that is responsible for all of the company's credit management activities. Romano is part of the company's leadership team and reports directly to CEO David M. Moffett.

Romano will also continue to be the senior vice president of Credit Risk Oversight at Freddie Mac, a position he has held since March 2004. In this position, Romano maintains Freddie Mac's corporate-wide credit standards for both credit and counter-party risk management on an enterprise wide level.

Prior to coming to Freddie Mac, Romano served as senior vice president and chief credit risk officer and other executive positions at different major financial institutions including North American Mortgage Company in Tampa, Dime Savings Bank of NY, and with Citicorp's Investment Bank.

Romano holds a BS in finance from Long Island University.

Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.

09/08