Wednesday, May 8, 2024 | The Latest Buzz for the Appraisal Industry

Freddie Mac Taps Industry Veteran Michael J. DeVito as its New CEO

Michael J. DeVito is the new CEO of Freddie Mac, effective June 1. 

Interim CEO Mark B. Grier will resume his duties as a full-time member of Freddie Mac’s board.

DeVito has more than 30 years of experience in the mortgage and financial services industry.

He spent more than 23 years at Wells Fargo and Co., rising to the level of executive vice president, head of home lending, where he was responsible for all

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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