Freddie Mac, one of the key government-backed housing finance entities, named its president, Mike Hutchins, as interim chief executive officer, according to a person familiar with the matter.
Diana Reid had been leading the agency since September and was one of several senior leaders to reportedly be fired. A replacement hasn't been named.
The leadership changes follow a string of reshuffling efforts made by recently appointed FHFA Director Bill Pulte.
Listen to this article Bill Pulte, heir of one of the nation’s largest homebuilders, wasted little time launching a house cleaning campaign after being confirmed as director of the Federal Housing ...
The head of operations at the Federal Housing Finance Agency and two C-suite leaders at the government-sponsored enterprise ...
Changes at Freddie Mac and Fannie Mae continue to unfold at a rapid pace, with the latest development being the appointment ...
Some members of the Senate, where the GOP majority is thinner, also are asking the Federal Housing Finance Agency to reveal ...
President Donald Trump 's newly appointed housing chief has made waves by launching a dramatic shakeup at mortgage giants ...
Editor’s note: This story was updated March 21 with the news that Michael Hutchins was named interim CEO. The top executives at Freddie Mac, along with a top HR official at the Federal Housing ...
Bill Pulte, Trump's newly confirmed director of the Federal Housing Finance Administration, reportedly fired Freddie Mac CEO ...
The dismissal is part of ongoing firings at the major mortgage behemoths and the Federal Housing Finance Agency.
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