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BRUCE M. WITHERELL

Chief Operating Officer

Bruce M. Witherell was named chief operating officer of Freddie Mac in September 2009. In this position, he oversees and ensures effective integration across the company’s three business lines – Single Family Credit Guarantee, Multifamily and Investments and Capital Markets – as well as the Operations and Technology Division. Witherell is a member of the company’s leadership team and reports directly to Chief Executive Officer, Charles E. “Ed” Haldeman, Jr.

Witherell has an extensive career in the mortgage and capital markets. Before joining Freddie Mac, Witherell was managing director and global co-head of the residential mortgage business at Morgan Stanley where he was responsible for the residential mortgage origination and servicing platforms, mortgage operations in the United States, England, Italy, Japan and Russia, and global trading.

Prior to joining Morgan Stanley in 2006, he spent 15 years at Lehman Brothers Holdings, Inc. in a variety of senior leadership roles. From 2003 to 2006, he was chief executive officer of Lehman Brothers Bank and chief executive officer of Aurora Loan Services, which had been acquired by Lehman. Witherell was chief administrative officer of Lehman’s Wealth & Asset Management and Fixed Income divisions, also serving on the executive committees of both divisions. He previously served as co-chief operating officer of the Corporate Advisory division; global head, Transaction Management and Documentation; head of Derivative and Finance; and head, Residential and Commercial Contract Finance.

Before his career at Lehman Brothers, Witherell held management positions at First Boston Corporation and Household Finance Corporation.

Witherell is a graduate of Carnegie Mellon 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.

09/09