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Lending / The Ticker

Former PNC Mortgage CEO joins Freddie Mac

Will serve on board of directors

Freddie Mac

Freddie Mac appointed Saiyid Naqvi, former PNC Mortgage president and CEO, to its board of directors.

“Naqvi brings to the board a deep background in risk and operational management that will help ensure Freddie Mac continues its important work in keeping the U.S. mortgage market strong,” said Christopher Lynch, Freddie Mac's non-executive chairman.

Naqvi has also served on the corporate boards of Genworth Financial and Hanover Capital Mortgage Holdings.

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