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Freddie Mac Names Deborah Jenkins Head of Multifamily Underwriting and Credit

McLean, VA – Freddie Mac (OTC: FMCC) today announced the appointment of Deborah Jenkins to vice president and national head of Multifamily Underwriting and Credit. In this position, Jenkins is responsible for managing the underwriting and credit approvals of all Multifamily debt investments for Freddie Mac, and managing the underwriting and credit staff at Freddie Mac offices across the country.

"As Freddie Mac focuses on building a solid and durable Multifamily business model, Debby's ability to eliminate barriers and help people focus on what needs to get done are two of many reasons I welcome her to the Multifamily management team," said Mike May, Freddie Mac senior vice president of Multifamily. "Her experience in developing the underwriting for our multifamily loan securitization is invaluable, especially since the vast majority of our business volume is securitized."

Prior to her new position, Jenkins was national underwriting & quality control director in Freddie Mac's Multifamily underwriting and credit department, where she also managed and developed the underwriting process for multifamily loans eligible for securitization. Prior to joining Freddie Mac in March 2008, she was a senior vice president and senior underwriter with Wells Fargo National Bank in Michigan.

She has 20 years of experience in the commercial finance industry and has held several positions in the commercial credit and loan areas for regional banks including Eastern Michigan Bank and Huntington Bank, both in Michigan.

Jenkins holds a Masters degree in Corporate Finance from Walsh College in Troy, Mich., and a Bachelor of Science degree in Corporate Finance from Wayne State University in Detroit.

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.

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