Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Richard F. Syron, former Chairman and Chief Executive Officer of Freddie Mac
(formally known as the Federal Home Loan Mortgage Corporation), ceased to be an
employee of the company on November 7, 2008. Pursuant to the terms of his
employment contract, Mr. Syron was deemed to have resigned from the board of
directors, effective as of that date.
Patricia L. Cook, the company's former Chief Business Officer, will cease to be
an employee of the company on November 17, 2008. Ms. Cook will receive no
severance benefits and Freddie Mac will cancel all of her unvested stock option
grants and restricted stock units.
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