Freddie Mac Appoints Matthew Abrusci General Counsel
Rhea-AI Summary
Freddie Mac (OTCQB: FMCC) has appointed Matthew D. Abrusci as Executive Vice President, General Counsel and Corporate Secretary, effective September 22, 2025. Abrusci brings over 30 years of experience in financial services, with expertise in banking, capital markets, and securities law.
Prior to joining Freddie Mac, Abrusci served as General Counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. His career includes senior legal positions at prominent financial institutions including Royal Bank of Canada, Credit Suisse Securities, and Merrill Lynch. The appointment comes as Freddie Mac aims to enhance its efficiency and financial stability.
Positive
- Appointment of highly experienced legal executive with 30+ years in financial services
- Strategic hire aligned with company's efficiency and financial soundness goals
Negative
- None.
News Market Reaction – FMCC
On the day this news was published, FMCC declined 5.10%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Brings 30+ years of legal experience across the financial services sector
MCLEAN, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that Matthew D. Abrusci has joined the company as EVP, General Counsel and Corporate Secretary, effective today. Abrusci brings more than three decades of financial services experience spanning banking, capital markets and securities law.
“Matthew Abrusci brings deep experience across the legal spectrum, and I have no doubt he will quickly become a valued member of Freddie Mac’s executive team,” said Mike Hutchins, president and interim CEO of Freddie Mac.
Abrusci’s background spans top legal positions across the financial services sector, underscoring his value as Freddie Mac takes steps to become more efficient, effective and financially sound. He joins the company from Mitsubishi UFJ Financial Group (MUFG) Americas, where he served as General Counsel. MUFG offers services including commercial banking, trust banking, securities, consumer finance, asset management, leasing, and others. Previously, he held senior legal positions at the Royal Bank of Canada, Credit Suisse Securities (USA) LLC, and Merrill Lynch, & Co., Inc.
Abrusci received a bachelor’s degree and his juris doctorate from St. John’s University.
About Freddie Mac
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
MEDIA CONTACT: Christopher Spina
703-388-7031
Christopher_Spina@FreddieMac.com
