Freddie Mac’s Board Elects New Member

Freddie Mac's board of directors gained a new member, with mortgage banking and finance veteran Thomas M. Goldstein elected to the role.

Goldstein has worked in a variety of senior executive positions at a number of prominent companies throughout his career, including his most recent stint as SVP and CFO of the Protection Division of Allstate Insurance Company, which ran from April 2011 to June 2014. He also worked in several executive and finance positions for LaSalle Bank Corporation, including serving as chairman, CEO, and president of ABN AMRO Mortgage Group from 2005–2007 and as CFO of LaSalle Bank Corp. from 2002–2004.

Previously, he spent 10 years with Morgan Stanley Dean Witter in various roles, including VP and head of finance, risk management, model development, and investor relations of SPS Transaction Services.

"Tom will be an excellent addition to the Freddie Mac Board of Directors," said Christopher S. Lynch, Freddie Mac's non-executive chairman. "He is an experienced senior executive with demonstrated leadership skills and a deep understanding of mortgage banking and risk management practices. We expect Tom to bring valuable insights to the board during a critical time for the national housing finance industry."