Freddie Mac Appoints James Whitlinger as Permanent CFO
Freddie Mac Appoints James Whitlinger as Permanent CFO
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Freddie Mac has appointed James Whitlinger as its permanent Chief Financial Officer (CFO). Whitlinger, who has been with the company for a decade, had been serving as the interim CFO since June 2024, following the departure of Christian Lown, who held the position from June 2020 until June 2024. Whitlinger's promotion to the permanent CFO role was announced today, January 7, 2025.During his tenure as interim CFO, Whitlinger played a significant role in the company's financial strategies and operations, particularly in the face of a challenging housing market. His leadership helped Freddie Mac enhance its processes and reduce costs to better navigate the market's difficulties. Whitlinger's extensive experience within the company and his previous roles in the Finance Division have prepared him well for this new permanent responsibility.This appointment is part of Freddie Mac's broader strategy to stabilize its financial leadership and continue its mission to support the U.S. housing finance system. The company has been actively working on various initiatives to improve loan quality and sustainability, as outlined in its 2023 Sustainability Report.
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Overall, Whitlinger's permanent appointment as CFO is expected to bring continuity and stability to Freddie Mac's financial operations, building on the progress made during his interim period.