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.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.
July 3 -
The pace of revenue growth slowed toward the end of 2024, with the trend continuing into the first three months of this year, NAHB reported.
July 3 -
Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
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The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.
July 3 -
The firm, now going by Fairway Home Mortgage, said the change is a representation of plans to create a "connected ecosystem."
July 3