CSS has appointed Jina Hong as senior vice president and chief audit executive and Juanita Russell as senior vice president and chief financial officer.

Allan Merrill and Paul Schumacher will be joining the board of the mortgage giant.

Ronald McCord, the former president of First Mortgage, faces 24 counts of bank fraud, money laundering and making a false statement.

New CFO Christian Lown’s family ties could present conflicts, but the GSE has taken measures to make sure that doesn’t happen.

CFPB COO Kate Fulton will take charge as FHFA COO at the end of May. The agency’s acting COO, Lawrence Stauffer, will return to his previous role as special advisor in the Division of Resolutions.

According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.

Former Treasury official Craig Phillips joins HouseCanary.

Freddie promotes Donna Corley as EVP of single-family business.

As part of Freddie’s voluntary retirement program, 700 employees have taken a buyout. Most are expected to be gone by the end of March.

According to court filings, beginning in 2016, the FHLB-SF developed a proposal for the bank to purchase one of the GSEs. To assist in the process, the bank also engaged the services of McKinsey Consulting.