Mortgage lender Freddie Mac has announced James R. Egan will be starting
April 3rd as a senior vice president, controller, and principal accounting officer.
Egan will report to Chief Financial Officer Martin Baumann. Prior to Freddie Mac, Egan was controller for MBNA America Bank, where he oversaw financial regulatory reporting and Sarbanes-Oxley compliance.
The decision is very important considering Freddie Mac is the nation’s second-largest buyer and guarantor of home loans and is recently emerging from an accounting scandal.
