Freddie Director Resigns

Published May 28, 2004, 2:00 p.m. EDT

1 Min Read

Christina Seix has resigned from the board of directors of Freddie Mac to avoid a conflict of interest that could arise from a pending acquisition of her investment advisory firm.Freddie Mac said Ms. Seix's firm, Seix Investment Advisors Inc., is being acquired by SunTrust Banks Inc., a Freddie Mac customer. Ms. Seix is chairman and chief executive officer of the firm. She has been a member of Freddie's board since 1990. Freddie Mac can be found on the Web at http://www.freddiemac.com.

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