DISTRICT OF COLUMBIA
WASHINGTON
William Matthews has been promoted to executive vice president of the Conference of State Bank Supervisors.
Previously, Matthews served as senior vice president of CSBS and president and CEO of the State Regulatory Registry, a subsidiary of CSBS that operates the Nationwide Mortgage Licensing System and Registry on behalf of state mortgage regulators.
He has over 30 years of experience in the mortgage and banking industries, and prior to joining CSBS in 2005 was a principal and general manager of Mortgage Asset Research Institute, where he was instrumental in the organization's marketing, product development and operations.
CSBS also promoted Tim Doyle to senior vice president and Vickie Slater to vice president, both of mortgage policy and operations.
Doyle is responsible for policy and operations of the NMLS.
Prior to joining CSBS in July 2006, he was a senior director in the government affairs department of the Mortgage Bankers Association.
Slater's duties include daily operations of NMLS, the NMLS call center, and NMLS-related training for industry and regulatory users.
She joined CSBS in November 2007 as a director for mortgage policy, and prior to joining CSBS worked in the mortgage industry for over 20 years.
WASHINGTON
The Federal Housing Finance Agency said, in accordance with FHFA's corporate governance regulation and Freddie Mac's corporate governance guidelines, two Freddie Mac board members, John Koskinen (chairman) and Robert Glauber (chairman, governance and nominating committee), have reached the company's mandatory retirement age and will be stepping down from the board at the end of the current term in February 2012.
In anticipation of those retirements and to promote a smooth transition, FHFA acting director Edward DeMarco said that Christopher Lynch, currently chairman of the Freddie Mac board's audit committee, will assume the chairmanship of the Freddie Mac board, effective at the December 2011 board meeting.
Separately, Laurence E. Hirsch notified the company that he will not seek re-election to the company's board of directors when his current term expires.
Current Freddie Mac CEO Charles E. Haldeman Jr. recently informed the board of his desire to step down some time in the coming year.
DeMarco requested that the outgoing and incoming board chairs work with the board and FHFA on developing a succession plan for the position of CEO.
