Freddie Mac CEO Michael DeVito to Retire Early Next Year
By Colin Kellaher Freddie Mac's chief executive, Michael DeVito, plans to retire in the first quarter of 2024. The mortgage-finance giant on Friday said its...
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By Colin Kellaher Freddie Mac's chief executive, Michael DeVito, plans to retire in the first quarter of 2024. The mortgage-finance giant on Friday said its...
Freddie Mac on Friday announced that Michael DeVito will retire as CEO in the first quarter of 2024 after less than three years in the job.
The mortgage giants continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars reserved for losses.
Michael is a long-time New England Patriots fan. He closely follows the Patriots' offseason team-building activities, including the Patriots' Draft, Free Agency, and Undrafted Free Agency. Michael also follows all Boston sports. He is also a big fan of the Chelsea Football Club in the English Premier League.
Mark and Laura Lauria will be feted at gala event