Freddie Promotes Mater to EVP

Maud Mater has been promoted to executive vice president of Freddie Mac, the government-sponsored enterprise has announced.Ms. Mater became Freddie Mac's general counsel in 1982 and acquired the additional title of senior vice president in 1984. She has served on Freddie Mac's board of directors since 1996. "A highly valued advisor at Freddie Mac, Maud also played an instrumental role in the development of standardized loan documents in the 1970s, the mortgage-backed securities market in the '80s, and Freddie Mac's new regulatory structure in the '90s," said Leland Brendsel, Freddie Mac's chairman and chief executive officer. Ms. Mater joined Freddie Mac in 1976 as an assistant general counsel. She previously held a staff attorney position at the former Federal Home Loan Bank Board.