Freddie Lobbyist Leaves Amid FEC Probe

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.)