Robert Bostrom has been named executive vice president and general counsel of Freddie Mac.Mr. Bostrom will be a member of the executive leadership team and have management responsibility for all legal and regulatory strategies, services, and resources, the government-sponsored enterprise said. Mr. Bostrom, whose legal career spans more than 25 years, was most recently managing partner of the New York office of Winston & Strawn LLP, a member of the firm's executive committee, and head of its financial institutions practice. From 1992 to 1996, he served as executive vice president of legal, regulatory and compliance and general counsel of National Westminster Bancorp.
-
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









