MCLEAN, Va., April 23, 2018 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) today announced that Sam Khater, a prominent housing and economics expert with over 20 years of experience, is joining the company as vice president and chief economist.
Khater brings extensive housing finance research and economic forecasting expertise to his new role at Freddie Mac. As chief economist, he will lead a talented team of researchers in providing insights and analysis on economic trends and policy issues affecting Freddie Mac and the housing market.
“Sam is a leading voice in the housing finance industry and his extensive knowledge will help Freddie Mac deliver valuable research to our business units, customers and the industry,” said Jerry Weiss, Freddie Mac executive vice president and chief administrative officer. “Under Sam’s leadership, we are well-positioned to further leverage our economics team in ways that will strengthen our commitment to building a better housing finance system.”
“Given the challenges and opportunities in today’s housing market, I am thrilled to be joining Freddie Mac and its research team,” said Khater. “In addition to making home possible for millions of American families, Freddie Mac is an invaluable resource for the broader housing industry. I look forward to keeping our customers and stakeholders apprised of developments in the market.”
Khater arrives at Freddie Mac after 11 years at CoreLogic, where he most recently served as vice president of research and deputy chief economist. His responsibilities included producing original research and advising clients, regulators, policymakers and investors on real estate and mortgage market trends. As a compelling spokesperson with a unique ability to translate complicated subjects, he is regularly quoted in national, local and real estate trade media outlets.
Prior to joining CoreLogic, Khater was a senior economist at Fannie Mae and an economist at the National Association of Realtors®.
Khater holds a master’s degree in network economics from Georgetown University and a bachelor’s degree in economics and finance from George Mason University.
Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.
MEDIA CONTACT: Adam DeSanctis
703-903-2786
Adam_DeSanctis@FreddieMac.com
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