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For Immediate Release October
10,
2007
PATTI SAYLOR JOINS FREDDIE MAC AS VICE PRESIDENT OF MULTIFAMILY SOURCING’S OFFERINGS AND CUSTOMER MANAGEMENT DEPARTMENTMcLean, VA – Freddie Mac today announced that Patti Saylor has joined the company as vice president of Multifamily Sourcing's Offerings and Customer Management Department. In this new position, Saylor is responsible for Multifamily customer and product strategy. Saylor brings with her over 20 years of experience in the mortgage industry, including the multifamily market. In the past five years, Saylor's primary focus has been on agency multifamily lending. Saylor comes to Freddie Mac from Centerline Capital Group (formerly CharterMac and Capri), where she was managing director and also held roles as managing director of national originations, corporate managing director of development and strategy, managing director of national due diligence, and senior vice president east coast originations. "I am thrilled that Patti has joined our team," said Mike May, senior vice president of Multifamily Sourcing for Freddie Mac. "Patti brings a wealth of knowledge to this position and will help us grow our Multifamily business line." Most recently at Centerline, Saylor was responsible for growing Centerline's relationships with Freddie Mac, Fannie Mae and other multifamily investors. Prior to Centerline, Saylor served as the chief executive officer for Greystone Servicing Corporation. In addition, Saylor worked with a newly hired business development team to create correspondent relationships across the U.S., resulting in a doubling of their previous year's production, and creating and staffing a Senior Housing Team and a Small Loans Team. Since the launching of Freddie Mac's current multifamily business in 1993, Freddie Mac has purchased more than $165 billion in multifamily mortgages, financing rental housing for more than four million families. Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters. ###
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