Senior Vice President and General Auditor
Timothy Kenny became Freddie Mac's senior vice president and general auditor in July 2008. He reports directly to the audit committee of Freddie Mac's board of directors and administratively to CEO Don Layton.
In this position, Kenny supervises the Internal Audit Department, which is responsible for all internal audit activities and coordinating audit practices and procedures with Freddie Mac’s external auditor. Prior to this, Kenny served as the company’s vice president and interim general auditor. He joined Freddie Mac in September 2007.
From 2001 to 2007, Kenny was a managing director with BearingPoint (formerly KPMG Consulting) where he directed a large team of financial professionals on a variety of financial risk management consulting projects with Ginnie Mae, the Federal Housing Administration, private sector mortgage bankers, the Treasury Department and other federal credit agencies. He was appointed a member of the BearingPoint 401(k) Plan Committee. He joined KPMG, the predecessor organization to KPMG Consulting, in 1986, was promoted to a KPMG audit partner in 1997, and served in that position until the separation of KPMG Consulting from KPMG in 2001.
Kenny is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. He holds a B.S. in accounting from the University of Utah. He was a member of the board of directors of Farmer Mac serving on its audit and corporate governance committees. He also served on the board of directors of the Mortgage Bankers Association of Metropolitan Washington. Kenny currently serves on the Board of Directors, Northern Virginia Family Services and The University of Utah School of Accounting Advisory Board.
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. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. For more information please visit www.FreddieMac.com and Twitter @FreddieMac.