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Press Release

Bradley Lerman Appointed General Counsel and Corporate Secretary of Fannie Mae

September 18, 2012

Veteran legal executive joins team focused on supporting the economic recovery and building a better housing finance system for the future

Andrew Wilson


WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today it has appointed Bradley Lerman, 56, as executive vice president, general counsel and corporate secretary effective October 1, 2012. Lerman joins Fannie Mae from Pfizer where he was senior vice president, associate general counsel and chief litigation counsel.

"Brad has extraordinary experience and he will be a great addition to our team," said Timothy J. Mayopoulos, president and chief executive officer at Fannie Mae. “Brad has integrity, excellent leadership skills and a proven track record in achieving positive outcomes for corporations across a broad spectrum of legal specialties. Brad will play an important leadership role in helping us achieve our priorities, and I am thrilled to have him join the team.  Brad’s appointment is another example of the caliber of talent we are attracting to Fannie Mae as we work to return value to taxpayers and build a more effective and stable housing finance system for the future."

Lerman has over 25 years of legal experience At Pfizer, Lerman was responsible for leading the company's product and commercial litigation, government investigations, and patent litigation teams.  He had responsibilities for Pfizer's Discovery Response Team, civil and criminal justice reform program, and the Pfizer Legal Alliance program.

Prior to joining Pfizer, Lerman was a partner at Winston & Strawn and co-chair of the firm's white collar defense practice group. He concentrated his practice in white collar defense, product liability and securities litigation matters.  Lerman also previously served as an assistant U.S. attorney in the Northern District of Illinois from 1986 to 1994, holding various supervisory positions in the white collar prosecution divisions.

Lerman graduated summa cum laude from Yale University and received his law degree cum laude from Harvard Law School.

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

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