Freddie Mac has formed what it calls "a new customer-focused leadership team" in its Single Family Lending Division.Charles Coulter was promoted to vice president for national lending, while Iliana Ghanem was named vice president for community lending and John Britti was named vice president for regional lending. "This enables Freddie Mac to be even more precise with the delivery of the right products, services and technology to our different lender customers," said David H. Stevens, senior vice president of single family lending, to whom the trio will report. Mr. Stevens said the account managers in the regional lending group now have a smaller set of customers, enabling them to foster more personal business ties. Freddie Mac can be found online at http://www.freddiemac.com.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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