Skip to main content

Brickman to Replace Layton as Freddie Mac CEO

Phil Hall
Mar 21, 2019
Photo credit: Getty Images/krblokhin

Freddie Mac announced that CEO Donald H. Layton will retire on July 1 and will be replaced by David M. Brickman, who was appointed President at the government-sponsored enterprise (GSE) in September.
Brickman, who was Executive Vice President and head of Freddie Mac Multifamily before being elevated to President, will also become a member of the Freddie Mac Board of Directors when he takes on the Chief Executive role. Layton has served at the Freddie Mac helm since 2012.
“The Board engaged in a multi-year succession process to ensure we selected the right leader, and David is an outstanding choice to serve as our next CEO,” said Freddie Mac Board Chairwoman Sara Mathew. “He is an exceptional business leader, having demonstrated great strategic and execution skills as the long-time head of our Multifamily business. He led the process of driving credit risk transfer and attracting private capital to finance multifamily housing while protecting the American taxpayer. More recently, he has also impressed the board with his work as president. David is well respected within the company and the industry and is the best choice to lead Freddie Mac going forward.”

Mar 21, 2019
Federal Court Shutters Sham Mortgage Relief Operation

FTC, California agency accuse 2 business owners of scam that cost consumers millions of dollars.

Regulation and Compliance
Sep 22, 2022
CFPB Seeks Input On Creating New Mortgage Products

Agency seeks information on refinances, mortgage products to promote competition and support household financial stability.

Regulation and Compliance
Sep 22, 2022
The Fed Raises Interest Rate 0.75% For The 3rd Time

Chairman said housing market may have to go through "a correction" to return to balance.

Regulation and Compliance
Sep 21, 2022
Fed Committee Gathers To Renew Inflation Fight

FOMC expected to announced 0.75% rate hike after 2-day meeting ends Wednesday.

Regulation and Compliance
Sep 20, 2022
MISMO Releases New Reference Model For Public Comment 

Version 3.6 of the MISMO Reference Model includes new data points and structures.

Regulation and Compliance
Sep 19, 2022
MBA, Other Organizations Want FHA's MIP Reduced

Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.

Regulation and Compliance
Sep 14, 2022