Personnel - Articles - Page 16 | Inside Mortgage Finance

Freddie Cuts Some Fat; Fannie to Follow?

February 14, 2020

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.

Lawsuit Reveals FHLB-SF Scheme to Buy Freddie Mac

February 14, 2020

Dennis Hollier

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.

Calabria Reshuffles FHFA; Adds More Units, New Faces

January 31, 2020

Dennis Hollier

FHFA Director Mark Calabria is delivering on his promise to revamp the agency in preparation for the end of the GSE conservatorships.

Former Fannie Employee Gets Six Years for Bribery

January 31, 2020

Dennis Hollier

A federal court sentenced Shirene Hernandez, a former Fannie Mae sales representative, to more than six years in prison for bribery.

Court Allows Employee Suit Against FHLB San Francisco

January 31, 2020

Dennis Hollier

Two former employees of FHLBank of San Francisco can pursue a lawsuit for breach of contract, a DC district court ruled this week.

Freddie Buyouts Could Indicate Downsizing

January 3, 2020

Dennis Hollier

Those familiar with the plan say it will target those with longer tenures, suggesting an attempt to trim the number of high-salary staffers.

Calabria Adds Others from Cato Institute to FHFA Staff

November 27, 2019

Dennis Hollier

Agency Director Mark Calabria is hiring like-minded executives from the conservative institutions of his past.

Lowman Quits Freddie Mac; Corley to be Interim EVP

October 18, 2019

Dennis Hollier

Industry watchers expect David Lowman to join one of the rising fintech firms after he leaves the GSE by the end of the month. Donna Corley will take over as interim EVP.

GSE Roundup

October 4, 2019

Dennis Hollier

Freddie elects former SEC Commissioner Kathleen Casey to the board; Fannie executes sixth credit insurance risk transfer deal of 2019.

FHFA Settles Watt Sexual Harassment Case

October 4, 2019

Dennis Hollier

The agency reached a settlement with Simone Grimes, who had accused her former boss, then-FHFA Director Mel Watt, of sexual harassment.

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Freddie Cuts Some Fat; Fannie to Follow?

Lawsuit Reveals FHLB-SF Scheme to Buy Freddie Mac

Calabria Reshuffles FHFA; Adds More Units, New Faces

Former Fannie Employee Gets Six Years for Bribery

Court Allows Employee Suit Against FHLB San Francisco

Freddie Buyouts Could Indicate Downsizing

Calabria Adds Others from Cato Institute to FHFA Staff

Lowman Quits Freddie Mac; Corley to be Interim EVP

GSE Roundup

FHFA Settles Watt Sexual Harassment Case

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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