Barbara Alexander, one of three Freddie Mac directors the Federal Housing Finance Agency left in place after the company was placed into a conservatorship, will step down from the GSE's board once her term ends in March. She is currently chairwoman of the business and risk committee and serves on the compensation and executive committees. Since 2004, Ms. Alexander has been an independent consultant. Before that, she was a senior advisor at UBS Warburg LLC and managing director of the North American construction and furnishing group in the corporate finance department at UBS. She is also an executive fellow at the Joint Center for Housing Studies at Harvard University.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
August 10 -
Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
August 10 -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
August 10 -
The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
August 10 -
HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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