Top execs at Freddie Mac, FHFA fired: report

The top executives at Freddie Mac, along with a top HR official at the Federal Housing Finance Agency (FHFA), were fired Thursday, according to a report on SEMAFOR.The publication reported that Freddie Mac’s CEO, COO and head of HR plus the FHFA’s COO and head of HR were all fired on Thursday.The ne

FOA appoints new board members, including former US senator

One of the nation’s leading reverse mortgage lenders, Finance of America (FOA), on Thursday announced the appointment of two new members to its board of directors — including a former U.S. senator.Andrew EssexAndrew Essex, whom the company describes as a leader in marketing and brand strategy, forme

Build, baby, build: How the US can start fixing its housing supply crisis

Let’s start with the bad news: The U.S. housing deficit is currently between 1.5 million and 8 million homes (estimates among experts vary widely). And worse, the core reasons for such a shortage cannot be easily or quickly addressed. But there is good news, too, speakers said Wednesday at the U.S.