Freddie Mac has hired Ralph Boyd Jr. to be the mortgage finance company's general counsel.A senior partner at Alston & Bird in Washington, Boyd is experienced in corporate law and litigation. He previously served as head of the Justice Department's civil rights division. "This is a critical time in Freddie Mac' history, and Ralph will play an important role in helping shape the company's future," Freddie chairman and chief executive Richard Syron said. In addition to Freddie's legal operation, Mr. Boyd will oversee regulatory relations and direct the corporation's legislative activities at the federal, state and local levels. Acting general counsel Joan Donoghue will remain at Freddie as the principal deputy general counsel.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
August 14 -
Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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