Shares of banks and other financial institutions fell after surprisingly weak jobs data complicated the outlook for the U.S. economy and interest rates. The Federal Reserve recently cut rates, but ...

Michael Hutchins, the two-time interim chief executive at the government-sponsored enterprise, will remain with the company ...

The Florida Housing Finance Corp. is offering $200 million in homeowner mortgage revenue bonds to support affordable housing in the state.

Veteran financial services leader Kenny M. Smith has been selected by the Freddie Mac board of directors as the company’s ...

Mortgage giant Freddie Mac announced that Kenny M. Smith will be its chief executive officer effective Dec. 17, putting the former Deloitte Consulting LLP vice chairman in a critical position ahead of ...

Federal Home Loan Mortgage, also known as Freddie Mac, named Kenny M. Smith as its next chief executive. He is expected to start the role on Wednesday and would also serve as a board member, the ...

New-home purchase activity rose 3.1% year over year, but dropped 7% from October, the Mortgage Bankers Association said.

“Kenny Smith's background and decades of experience in financial services will be an asset to Freddie Mac as we continue to meet the needs of homeowners, renters and the industry in 2026 and beyond.” ...

Freddie Mac has appointed Kenny M. Smith as its new CEO, effective Dec. 17. Smith, who has nearly 40 years of experience, ...

Smith is expected to start the role on Wednesday and would also serve as a board member, the government-backed mortgage ...

The government-sponsored enterprises have boosted their retained portfolios by more than 25% in the five-month period through ...