Freddie Mac is losing its treasurer, Louise Herrle, to General Motors Acceptance Corp., which is in the throes of forming a new holding company for its mortgage division.Ms. Herrle is expected to play a key role in the new holding company -- which does not yet have a name -- tapping the capital markets. Her title at the GMAC holding company will be managing director, corporate finance group/treasurer. Her last day at Freddie Mac is Sept. 15. (See the Sept. 13 issue of National Mortgage News for more information on GMAC's plans for the holding company.) Freddie Mac can be found on the Web at http://www.freddiemac.com.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




