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Freddie Appoints Smialowski to EVP Post.(Federal Home Loan Mortgage Corp.)(appointment of Smialowski, Joseph A.)(Brief Article)

Mortgage Servicing News

| February 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

McLean, VA -- Freddie Mac here has named Joseph A. Smialowski executive vice president, operations and technology effective Dec. 1.

Mr. Smialowski most recently was executive vice president at Fleet Boston Financial where he was part of the firm's management committee and had direct oversight of its information technology, bank operations, corporate real estate, procurement, security and business continuity for Fleet's business lines in Asia, Europe, Latin America and the United States. He held a key role on the integration team following the acquisition of Fleet Boston by Bank of America.

Mr. Smialowski will be responsible for managing the largest segment of Freddie Mac's business operations, including all of the company's mortgage origination and servicing, investment and capital markets operations, and information systems divisions. He will report to president and chief operating officer Eugene M. McQuade.

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