Catherine M. Dondzila has been named senior vice president of investments and capital markets accounting at Freddie Mac.The company said its Debt, Derivative & Fair Value Accounting, and Investment Accounting departments will report to Ms. Dondzila, who will report to Freddie Mac's chief financial officer, Martin F. Baumann. "[Ms. Dondzila's] experience in driving the application of appropriate accounting and related controls to mortgage securities and derivatives makes her ideal for this position," Mr. Baumann said. Ms. Dondzila was formerly assistant controller and senior managing director for the fixed-income and derivative proprietary sales and trading activities of Bear, Stearns & Co.
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In an interview, Candor Technology's Sara Knochel recounts how she applies her childhood interest in languages and numbers to crucial home lending issues.
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Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
March 27 -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
March 27 -
The lender accused its former leader of compromising its Fannie Mae seller/servicer number to prevent it from delivering loans.
March 27 -
Equity is entitled to a little over $70,000 worth of damages.
March 27 -
Audited financials, proof of fidelity bonds and errors and omissions insurance must be provided on Ginnie Mae Central after May 13.
March 27