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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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
11h ago -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
11h ago -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
11h ago -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25