Executive Vice President and Chief Administrative Officer
Jerry Weiss was named executive vice president and chief administrative officer in July 2010. Weiss is a member of Freddie Mac's senior operating committee and reports directly to CEO Don Layton.
Weiss manages the services and operations of Freddie Mac's Strategy; Corporate Communications & External Relations, including Government and Industry Relations, Public Relations and Corporate Marketing, and Internal Communications; and Models, Mission and Research organizations. Weiss has overall responsibility for managing the company's regulatory affairs and strategies and he serves as the company's senior executive liaison to the Federal Housing Finance Agency and the U.S. Department of the Treasury. In 2009, Weiss became responsible for overseeing the company's activities related to the President's Making Home Affordable Program (MHA), including Freddie Mac's MHA – Compliance organization, which manages the compliance review function of the MHA mortgage loan modification program as financial agent to the U.S. Treasury.
In 2012 and 2013 respectively, Weiss began managing the Strategic Initiatives division, overseeing all significant conservatorship and corporate strategic initiatives, and the Enterprise Transformation Group, a newly-established function that serves to continuously improve the company's overall operational and organizational effectiveness. Weiss is also responsible for the Enterprise Project Management Office which centralizes the company's project management decisions from an integrated business perspective. Weiss joined Freddie Mac as senior vice president and chief compliance officer in October 2003.
Weiss has more than 30 years experience in the financial services industry. Prior to Freddie Mac, Weiss was most recently first vice president and Global Head of Compliance at Merrill Lynch Investment Managers (MLIM) from 1990 to 2003. From 1982 to 1990, Weiss was with a national law practice in Washington, D.C., where he specialized in securities regulation, investment management, and corporate finance matters.
Weiss graduated Phi Beta Kappa from the State University of New York at Binghamton with a B.A. in political science and earned his law degree from The George Washington 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. 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.