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.
-
The company will be using a simplified name and a new logo it says shows its unified business model, but its longstanding tagline will stay in place.
1h ago -
The investment property owner says she was stonewalled and humiliated by BofA's loan officers, and that an error-riddled appraisal was short by over $70,000.
4h ago -
An independent auditor raised "substantial doubt" about the company's viability as it may not be able to extend forbearance deadlines on massive debts.
4h ago -
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
April 21 -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
April 21 -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
April 21








