Freddie Mac CEO to step down next year

Freddie Mac CEO Donald Layton is set to retire next year. Layton, who’s been the chief executive since 2012, will retire in the second half of next year, Commercial Observer reported. “Don has played an indispensable role in transforming Freddie Mac and moving the housing finance system in a better direction,” Freddie Mac chairman Christopher Lynch said in a statement. Freddie Mac, which did nearly $75 billion in loan purchases and guarantees last year, has […]

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