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Our leadership freddie mac encompasses an expansive leadership team across different homeownership products. Reid brings more than four decades of banking, real estate, capital markets and affordable housing experience to freddie mac, most recently serving as an independent director and advisor to. On friday, freddie mac president mike hutchins was named interim ceo of the organization, after ceo diana reid was fired the day before, bloomberg news reported.

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The trump administration on thursday fired the ceo of mortgage giant freddie mac and placed two senior officials at the nation’s top housing regulator on administrative leave. Freddie mac named mike hutchins as interim ceo, replacing terminated ceo diana reid. Top executives at freddie mac including ceo diana reid and head of human resources dionne wallace oakley were dismissed thursday amid federal housing finance agency director bill pulte’s.

The board of directors of freddie mac has announced the selection of real estate and financial services industry veteran diana reid to serve as the company’s new ceo, effective immediately.

After several months of searching, freddie mac has found a new ceo, announcing on tuesday the hiring of former pnc financial services executive diana reid. The chief executive at the mortgage behemoth freddie mac was fired thursday in an ongoing government overhaul of federal housing regulators and the firms they oversee. Freddie mac has officially named diana reid (pictured) as its new chief executive officer, effective immediately.