Freddie Mac's chief lobbyist, R. Mitch Delk, left the company late Thursday after 13 years of service as the mortgage giant was on the verge of providing federal authorities with the results of an internal probe into his political fund-raising activities.A Freddie Mac spokeswoman declined to comment on whether the in-house lobbyist resigned or was fired. Mr. Delk could not be reached for comment. She said the company -- which is withholding his severance benefits -- will comment on his departure after the Federal Elections Commission completes its investigation of the matter. According to a recent proxy statement, Mr. Delk was one of Freddie's top earners last year. (See the March 15 issue of National Mortgage News for full details.)
-
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
8h ago -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
11h ago -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




