Freddie Names New SVP and General Counsel

Freddie Mac has appointed Joan E. Donoghue to be senior vice president and general counsel after working at the GSE for four years."Joan has been a tremendous asset to Freddie Mac during a period of extraordinary change," Freddie chairman and chief executive Richard Syron said in reference to the accounting scandal that was uncovered in 2003 and the ongoing restatement of the company's financial statements. Ms. Donoghue joined Freddie in 2001 after working as deputy general counsel in the Treasury Department (1999-2000). She served as Freddie's interim general counsel after general counsel Maud Mater stepped down in late 2003 She remained as deputy general counsel when Ralph Boyd Jr. was appointed general counsel in April 2004. Freddie announced on Feb. 7 that Mr. Boyd was elected chairman of the Freddie Mac Foundation. The new general counsel is a graduate of University of California (Berkley) law school and she began her career as an associate attorney at Covington & Burling.