Freddie Mac's announced that its new chief compliance officer, Carol Wambeke, was also promoted to senior vice president. She will report directly to CEO Ed Haldeman as a member of the company's management committee. Wambeke succeeds Jerry Weiss, who became the company's executive vice president and chief administrative officer earlier this year.

Since joining Freddie Mac as a senior economist in 1997, Wambeke has held a number of executive positions most recently as the company's vice president, compliance, regulatory affairs. In her new position, Wambeke will be responsible for cross-divisional integration and management of corporate compliance and regulatory examination services.