Washington, DC – FHFA Director James B. Lockhart today announced the appointments of new non-executive chairmen of the Boards of Directors of Fannie Mae and Freddie Mac. John A. Koskinen has agreed to serve as the non-executive chairman of Freddie Mac. Philip A. Laskawy will serve as the non-executive chairman of Fannie Mae. FHFA directed new boards to be formed for both Fannie Mae and Freddie Mac to ensure solid leadership and good corporate governance.

“Both men bring distinguished experience to their new roles, and I thank them for their public service during this difficult period,” said FHFA Director James B. Lockhart. “Good corporate governance at the Enterprises is especially important right now, and I appreciate the willingness of both of these men to provide Board leadership during these challenging times.”

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