[2] Mudd has been an advisor to Asia-Pacific Economic Cooperation (APEC) and has served on boards of the Council on Foreign Relations, the National Building Museum, Hampton University, Local Initiatives Support Corporation The University of Virginia board of Trustees, and the Sidwell Friends School.
[2] Early in his career, Mudd held positions in financial services and management consulting at the World Bank, Ayers Whitmore and Company, and Xerox Corporation.
[3] Mudd later worked at GE Capital in International Financing, European Fleet Services, and Business Development.
[2][3] Mudd was previously president and CEO of GE Capital, Japan before he joined Fannie Mae in February 2000.
[8] His family is indirectly related to Samuel Mudd, the doctor who was imprisoned for aiding and conspiring with John Wilkes Booth after the assassination of Abraham Lincoln.