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Freddie Mac names chief administrative officer
MCLEAN, Va. (AP) — Freddie Mac on Monday named a company insider, Jerry Weiss, to its newly created position of chief administrative officer.
The mortgage finance company said Weiss will continue to serve as its chief compliance officer. As chief administrative officer, Weiss will take on the tasks of managing external relations and human resources.
Weiss currently manages Freddie Mac's regulatory affairs and serves as the company's liaison to the Federal Housing Finance Agency and the U.S. Department of the Treasury.
Last year, Weiss was given the responsibility of overseeing the company's activities in relation to and compliance with the federal Making Home Affordable Program.
Weiss joined Freddie Mac in 2003.
Copyright 2010 The Associated Press.
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