Freddie Mac has officially named Raymond G. Romano as the company's chief credit officer, responsible for enterprise-wide credit risk management activities. Mr. Romano has served as senior vice president of credit risk oversight since he joined the company in 2004. In September 2008, Mr. Romano also assumed the role as acting chief credit officer while the company conducted a nationwide search for the position. Prior to joining Freddie Mac, Mr. Romano served as senior vice president and chief credit officer and in other executive positions at different financial institutions including North American Mortgage Company, Dime Savings Bank of NY, and with Citicorp's Investment Bank.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










