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.
-
Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
49m ago -
Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
1h ago -
The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
June 22 -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
June 22 -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
June 22 -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
June 22








