Las Vegas Sun

May 4, 2024

Former SEC exec hired

MCLEAN, Va. -- Freddie Mac, the second-biggest U.S. mortgage buyer, hired former Securities and Exchange Commission corporate finance director David Martin to advise the company on financial reporting.

The company, which is restating financial reports for the past three years because of accounting errors it made in an effort to make earnings less volatile, has reaffirmed its commitment to begin filing financial reports with the SEC.

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