Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Freddie Mac Hires CFO as Exit Plan Continues

Freddie Mac has appointed a new chief financial officer as it and fellow mortgage giant Fannie Mae move toward a planned exit from government conservatorship. So reports Multi-Housing News.

Christian Loan, previously chief financial officer at Navient, will take over the role at Freddie Mac effective June 15, according to a press release.

He follows interim CFO Donald Kish, who will stay on as principal accounting officer after taking over last year, when James Mackey stepped down following a six-year stint as CFO.

Read the full article from Multi-Housing News.

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