Bachelor magna cum laude, Harvard University, 1971; Juris Doctor cum laude, Harvard University, 1976; postgraduate, University of Oxford, 1971-1973.
Associate director Seattle Model Cities Progressive, 1972-1973. Associate Preston, Thorgrimson, Ellis, Holman & Fletcher, Seattle, 1976-1977. Assistant director White House Domestic Policy Staff, Washington District of Columbia, 1977-1978.
Associate director Office Management & Budget Executive Office of the President, 1978-1979. Vice president Lazard, Freres & Company, New York City, 1979-1982, senior vice president, 1983-1984, partner, 1985—1991. Director Office Management & Budget Executive Office of the President, Washington District of Columbia, 1996-1998.
Vice-chairman Fannie Mae (Federal National Mortgage Association), 1991-1996, chairman, Chief Executive Officer, 1999—2004. Vice chairman board directors Revolution Health Group LLC.
Former member board overseers Harvard University. Trustee U. Puget Sound, German Marshall Fund of the United States, French-American Foundation, American Museum Natural History, Mitre Corporation. Member National Advisory Council Education Disadvantaged Children, New York City Commision on Early Childhood Education, White House Confs. on Children and Youth, New York Governor's Task Force on Poverty and Welfare Reform, Commision on Behavioral and Social Sciences.
Board directors Center Law and Social Policy, American Institute Research, Washington, Black Student Fund, Washington, National Institute.Dispute Resolution. Member American Association for the Advancement of Science, Council Foreign Rels., National Academy Social Insurance, Washington StateBar Association, District of Columbia Bar Association.
Married Wendy Farrow, September 11, 1982. Children: Laura Farrow, Andrea Landon, Sarah Pauline.