Timothy Bitsberger, a former senior Treasury Department official and a Wall Street veteran, has been named treasurer and senior vice president for funding and investor relations at Freddie Mac.Mr. Bitsberger, who will join the company in January, served until recently as assistant secretary for financial markets at the Department of the Treasury. He advised the undersecretary for domestic finance on policy regarding federal debt management and financial market oversight, among other things. Mr. Bitsberger also served as a board representative to the Pension Benefit Guaranty Corp., and he worked on Wall Street for more than 15 years, most recently as a senior vice president of investments at Salomon Smith Barney.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









