    [Public Papers of the Presidents of the United States: William J. Clinton (1993, Book II)]
    [December 10, 1993]
    [Page 2153]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Appointment for the Federal Home Loan Mortgage Corporation
    December 10, 1993

        The President announced today that he intends to appoint three
    individuals, Jerry MacArthur Hultin, Raymond J. McClendon, and James B.
    Nutter, to the Board of Directors of the Federal Home Loan Mortgage
    Corporation (Freddie Mac), a stockholder-owned corporation chartered by
    Congress in 1970 which supports home ownership and rental housing
    through the creation and development of a secondary market for
    residential mortgages.
        ``Jerry Hultin, Raymond McClendon, and James Nutter all bring years
    of financial management experience to the task of overseeing the
    important work of Freddie Mac,'' said the President. ``I appreciate
    their willingness to serve.''

    Note: Biographies of the appointees were made available by the Office of
    the Press Secretary.