Michael E. Wade has been named to the newly created position of vice president for external operational risk management at Freddie Mac.Mr. Wade's duties include the analysis of Freddie Mac's seller/servicer underwriting processes, management of on-site quality control and operational audits, and the development and implementation of quality control and operational policies and procedures, Freddie Mac said. Mr. Wade comes to Freddie Mac from Wells Fargo Home Mortgage, where he was most recently senior vice president of credit policy and strategy. Other positions he held at Wells Fargo include senior vice president of institutional risk management and vice president of quality control. Freddie Mac can be found online at http://www.freddiemac.com.

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