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Freddie Mac Names Michael DeVito As CEO

Friday, May 28 2021
Lending
Written by  The Mortgage Leader

Freddie Mac’s board of directors has appointed Michael DeVito as its new CEO, the mortgage-finance giant announced.

Freddie Mac 300x300DeVito, who has worked in the mortgage and financial services industry for more than 30 years, was most recently head of home lending at Wells Fargo.

Interim CEO Mark Grier resumes his role as a full-time Freddie Mac board member.

Read the full press release.

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