Freddie Names SVP for SF Sourcing

Paul Mullings, a mortgage industry veteran, has been named senior vice president of single-family mortgage sourcing at Freddie Mac.Mr. Mullings joins Freddie Mac from JP Morgan Chase, where he was senior vice president of mortgage finance, and fair lending executive at Chase Home Finance. Before joining Chase Home Finance in 1997, Mr. Mullings was president and chief executive officer of Mortgage Electronic Registration Systems Inc. "He led MERS during the organization's launch and successful capitalization, and was instrumental in the development of the first set of industry standards that are leading the mortgage market to a paperless process," Freddie Mac said. Before helping to launch MERS, Mr. Mullings was president and CEO of the residential mortgage division of First Interstate Bank, Los Angeles. Freddie Mac can be found online at http://www.freddiemac.com.