FEDERAL HOME LOAN MORTGAGE CORP: Change of Directors or Principal Officers, Financial Statements and Exhibits (Form 8-K)

Item 5.02. Departure of directors or certain managers; Election of directors; Appointment of certain leaders; Compensatory provisions of certain executives.

On May 25, 2022, Freddie Mac (formally the Federal Home Loan Mortgage
Corporation) entered into a Separation Agreement and General Release (Agreement
and Release) with Donna Corley in connection with her stepping down from her
position as head of Freddie Mac's Single-Family division, which was previously
disclosed on and effective May 26, 2022.

The Agreement and Release provides that during the transition period, Ms.
Corley's employment will continue at the same compensation (including deferred
salary and employee benefits, subject to the terms of the applicable plans and
agreements). In addition, the parties have agreed to a mutual non-disparagement

The Agreement and Release further provides that on or within seven days after
November 25, 2022, (the Separation Date), or any date on which Ms. Corley
resigns earlier than the Separation Date, Ms. Corley will execute a Second
Separation Agreement and General Release. This Second Agreement and Release
incorporates the terms of the first Agreement and Release, and provides no
additional payments or consideration. Together, both Agreement and Release
documents apply the terms and conditions thereof to the entire period of
employment, and integrate the terms and conditions of Freddie Mac's Restrictive
Covenant and Confidentiality Agreement. The Form of Restrictive Covenant and
Confidentiality Agreement between Freddie Mac and Executive Officers is filed as
Exhibit 10.19 in our 2021 Annual Report on Form 10-K (incorporated by reference
to Exhibit 10.3 to the Registrant's Quarterly Report on Form 10-Q filed on July
29, 2021).

The description of the Agreement and Release in this report is qualified in its
entirety by reference to the full text of the Agreement and Release, which is
filed as Exhibit 10.1 to this report and is incorporated herein by reference.

Section 9.01. Financial statements and supporting documents.

(d) Exhibits.

The exhibits listed in the Exhibit Index below are being submitted with this

Exhibit Number                Description of Exhibit

         10.1                   Confidential Separation Agreement and General Release
         104                  Cover Page Interactive Data File (embedded

in the Inline XBRL document)


Form Freddie Mac 8-K

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