Freddie Mac CEO resigns as prospects for exit from government control diminish



[ad_1]

WASHINGTON – Mortgage finance company chief executive Freddie Mac plans to step down in January, the company said in a securities filing on Friday, a surprise move that comes as prospects for the company and its greater sister shrink. Fannie Mae.

The company has given no explanation for the unexpected departure of David Brickman, 54, a Freddie veteran who had run the company since July 2019.

“This…

[ad_2]

Source link