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Freddie CEO DeVito to Retire in First Quarter

September 15, 2023
Brandon Ivey
Freddie is searching for a new CEO as the GSEs mark 15 years in conservatorship. The CEOs of the GSEs also remain subject to limitations on compensation.
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FHFA’s Lapses in Records Management

September 1, 2023
Dennis Hollier
An OIG audit found that eight of the 27 senior officials who left FHFA during the review period did not receive required records management training during offboarding.
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Fitch Affirms Freddie’s Commercial Servicer Ratings

September 1, 2023
Dennis Hollier
As of March, Freddie was named master servicer for 180 securitized transactions comprised of 11,500 loans with a combined unpaid principal balance of $44.1 billion.
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Freddie Names New Head of Multifamily TAH

September 1, 2023
Dennis Hollier
Peter Lillestolen has been promoted to vice president, production and sales of targeted affordable housing, at Freddie Mac.
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MCT Taps Former Fannie Exec as Technology Head

August 18, 2023
Dennis Hollier
Steve Pawlowski, a key player in Fannie Mae’s technology development, has moved to Mortgage Capital Trading.
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FHLB Reshuffles Office of Finance Board

July 21, 2023
Dennis Hollier
New Chair Joel Motley replaces Jonathan Scott, who has retired after 19 years at the helm.
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Risk Expert Ragavan Joins Fannie Board

June 9, 2023
Dennis Hollier
Former Voya Financial Chief Risk Officer Chetlur Ragavan will sit on the board’s risk management committee.
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GAO: FHFA Should Improve Personnel, Payroll Tracking

April 28, 2023
Dennis Hollier
FHFA does not adequately track employee benefit information or monitor the withholding on employee cash awards.
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FHFA Diversifies Its Growing Staff

March 31, 2023
Dennis Hollier
As is so often the case with efforts to improve institutional diversity, progress on inclusiveness at FHFA has been mixed.
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C-Level Positions Change Hands at Fannie, Freddie, USMI

December 16, 2022
Dennis Hollier
There are new faces in the C suite at Fannie Mae and U.S. Mortgage Insurers. And some Freddie Mac veterans got promotions this week.
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