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Freddie Moves to Prevent Conflicts of Interest with New CFO

June 5, 2020
Dennis Hollier
New CFO Christian Lown’s family ties could present conflicts, but the GSE has taken measures to make sure that doesn’t happen.
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FHFA Appoints CFPB’s Kate Fulton as COO

May 8, 2020
Dennis Hollier
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.
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Audit Finds FHFA Unprepared to Regulate GSEs

March 13, 2020
Dennis Hollier
According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.
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Phillips Lands at HouseCanary

February 28, 2020
Dennis Hollier
Former Treasury official Craig Phillips joins HouseCanary.
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Freddie Taps Corley to Head Single-Family

February 28, 2020
Dennis Hollier
Freddie promotes Donna Corley as EVP of single-family business.
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Freddie Cuts Some Fat; Fannie to Follow?

February 14, 2020
Dennis Hollier
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.
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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.
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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.
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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.
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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.
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