• Company Profile
• News and Information Center
  • Media Room
  • Corporate Facts
  • Officer Biographies
  • Speeches and Statements
  • Economic and Housing Research
  • Industry Reports and Publications
  • Primary Mortgage Market Survey®
  • News Release Archives
  • Subscription Center
  • RSS Feeds
• Corporate Citizenship
• Investor Relations
• Careers

Statement by John Koskinen, Interim CEO of Freddie Mac, on Leadership Transition at FHFA

McLean, VA – On behalf of Freddie Mac employees, I want to thank Director Lockhart for his leadership of the Federal Housing Finance Agency during one of the country's most challenging economic times. Under his direction, FHFA and Freddie Mac have played a vital role supporting the nation's housing recovery and the President's Making Home Affordable program. All of us wish Director Lockhart the best of luck in his future endeavors.

We also look forward to continuing our positive working relationship with Acting Director Ed DeMarco. As FHFA and Freddie Mac both welcome new leadership, Ed's experience and knowledge of housing finance will help smooth the transition and ensure our success in continuing to bring stability and liquidity to the US mortgage market.

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.

###