Freddie Mac | Donald Layton
Freddie Mac CEO to step down next year
Former multifamily lending chief David Brickman is the top internal candidate for the agency’s new chief
Freddie Mac CEO Donald Layton is set to retire next year.
Layton, who’s been the chief executive since 2012, will retire in the second half of next year, Commercial Observer reported.
Freddie Mac, which did nearly $75 billion in loan purchases and guarantees last year, has hired an executive-search firm to look outside the organization for a new CEO.