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Statement of Director James B. Lockhart on Departure from FHFA and Appointment of Edward J. DeMarco as Acting Director
"Today I am announcing my impending departure as Director of the Federal Housing Finance Agency (FHFA). This has been one of the most challenging and rewarding assignments of my career and I am very pleased with the work we have been able to accomplish through a very difficult period. As the housing...
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Statement of FHFA Director James B. Lockhart on the Appointment of Charles Haldeman as CEO of Freddie Mac
"I am pleased that the Freddie Mac Board of Directors has selected Charles E. (Ed) Haldeman, Jr. to become Chief Executive Officer (CEO) of Freddie Mac. Ed Haldeman brings a breadth of valuable financial services experience to this post. Ed has been a chief executive officer at several major...
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Statement of FHFA Director James B. Lockhart on Return of David Moffett to Freddie Mac
"I am pleased and grateful that David Moffett has agreed to return to assist John Koskinen and Freddie Mac during this difficult time. All of the employees of Freddie Mac have shown their true professionalism during these painful days. They have our full support and our appreciation for their...
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FHFA Statement on David Kellermann
"We at FHFA are very saddened by the death of David Kellermann. For many years, we have known David as a person of the utmost ethical standards who was hardworking and knowledgeable in his field. As the Acting Chief Financial Officer of Freddie Mac during particularly challenging times, David was an...
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Statement of FHFA Director James B. Lockhart on the Appointment of Michael Williams as President and CEO of Fannie Mae
"I am pleased that the Fannie Mae Board has selected Michael Williams to become the President and Chief Executive Officer (CEO) of Fannie Mae. Mike Williams brings a breadth of valuable experience to his new post. Mike has been serving as Chief Operating Officer and Executive Vice President...
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Statement on the Nomination of Herb Allison as Assistant Treasury Secretary for Financial Stability
PageContent "I congratulate Herb Allison on this important nomination by the President as Assistant Secretary of the Treasury for Financial Stability. Herb has done an outstanding job leading Fannie Mae during a challenging period. Together, Herb and his team did an exceptional job ensuring that...
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FHFA Director James B. Lockhart Statement on Retention Payments
"Fannie Mae and Freddie Mac were placed into conservatorship to ensure they could fulfill their extremely important mission of providing liquidity, stability and affordability to the very troubled mortgage market. They continue to serve this mission. We started to design a retention plan with a...
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Statement on the Appointment of Freddie Mac Interim CEO and Interim Non-Executive Chairman
PageContent "We are pleased the Freddie Mac Board of Directors has named John A. Koskinen as the company’s interim chief executive officer and Robert F. Glauber as its interim non-executive chairman. Both individuals bring a tremendous amount of public and private sector experience at this critical...
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FHFA Director James B. Lockhart Statement on "Making Home Affordable" Program
"FHFA was pleased to work with the White House, the Treasury Department, the Department of Housing and Urban Development, other regulators, and Fannie Mae and Freddie Mac in the development of the ’Making Home Affordable’ loan modification program that Treasury announced today. This program is a...
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Statement of FHFA Director James B. Lockhart on Resignation of Freddie Mac CEO David Moffett
"We thank David Moffett for his service and leadership during the early days of the Conservatorship. FHFA will work with the Freddie Mac Board and management team to ensure a smooth transition and continuation of their important mission of supporting the housing market." Corinne Russell (202) 649...