Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Freddie Mac (formally known as the Federal Home Loan Mortgage Corporation) has
entered into a new compensation arrangement with Donald F. Kish, Senior Vice
President, Corporate Controller and Principal Accounting Officer, in recognition
of his increased responsibilities in support of our Chief Financial Officer,
Christian M. Lown, from June 15, 2020 to December 31, 2020. This arrangement was
approved by the Federal Housing Finance Agency (FHFA), as Conservator, on
January 6, 2021. Pursuant to this arrangement, Mr. Kish has accrued a special
cash award of $196,000, which will be paid in two equal installments: the first
as soon as administratively possible and the second approximately 60 days later.
To be eligible to receive the award, Mr. Kish must remain an employee at the
time each installment is payable, except in certain termination events including
death, disability, and involuntary non-performance-based termination by Freddie
Mac.
Other than as described above, the award does not affect Mr. Kish's compensation
arrangement as described in Freddie Mac's Annual Report on Form 10-K filed on
February 13, 2020 and Current Report on Form 8-K filed on February 21, 2020.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The exhibits listed in the Exhibit Index below are being filed as part of this
Current Report on Form 8-K.
Exhibit Number                Description of Exhibit

         10.1                   Memorandum Agreement, dated January 7, 20    21, between Freddie Mac and
                              Donnie Kish   †
         104                  Cover Page Interactive Data File (embedded

within the Inline XBRL document)

† This exhibit is a management contract or compensatory plan, contract, or arrangement.

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Freddie Mac Form 8-K

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