Effective October 9, 2009, the Bylaws of Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) were amended to authorize the Chief Executive Officer to appoint a President and/or Chief Operating Officer, subject to prior review by the Chairman of the Board and, if the Chairman deems it appropriate, by the full Board. Previously, Section 5.2 of the company's Bylaws provided for the Board of Directors to elect, if the positions were to be filled, the President and the Chief Operating Officer.

Section 5.2, as amended, is set forth below in its entirety:

Section 5.2 Appointment and Term. The Board of Directors shall elect the Chief Executive Officer. The Audit Committee of the Board of Directors shall elect the Senior Vice President - General Auditor. Except as otherwise determined by the Board of Directors, the Chief Executive Officer shall appoint all additional officers; provided, however, that the appointment of a Chief Compliance Officer or a Chief Enterprise Risk Officer shall be subject to the approval of the Board of Directors, and the appointment of a President and/or Chief Operating Officer, if one or both of such positions are to be filled, shall be subject to prior review by the Chairman of the Board of Directors and, if the Chairman so determines, by the Board of Directors. Any appointment by the Chief Executive Officer under this section is subject to the legal, regulatory or supervisory limitations, requirements and approvals that apply to appointments by the Board of Directors. Each officer elected by the Board of Directors or appointed by the Chief Executive Officer shall hold office until his or her successor is elected or appointed and qualified or until his or her death, resignation or removal as provided in this Article 5. Election or appointment of an officer shall not, in and of itself, create any contract rights in the officer against the Corporation.

A copy of the company's amended and restated Bylaws is filed as Exhibit 3.1 to this Report on Form 8-K.

(d) Exhibits.

The following exhibit is being filed as part of this Report on Form 8-K:

Exhibit Number   Description of Exhibit

3.1              Bylaws of the Federal Home Loan Mortgage Corporation, as amended
                 and restated October 9, 2009