Page 50 - May-June 2018 GSE Report Flip Book

FREDDIE MAC
MAJYAN-UAJURNYE20210818
“John’s sharp legal mind and experience in building and managing enterprise-wide compliance risk programs makes him the ideal person to be Freddie Mac’s chief compliance officer as we continue on our transformation journey,”said Anil Hinduja, Freddie Mac EVP and Chief Enterprise Risk Officer. “In short, he is the right person for the job at the right time for the company.” (Press Release, Freddie Mac, 05/14/18)
Ricardo Anzaldua joined Freddie Mac as EVP and Senior Legal Advisor to CEO Donald Layton in May 2018. After a transition period, Anzaldua is expected to succeed William H. McDavid, EVP, General Counsel and Corporate Secretary following his retirement at the end of 2018.
Anzaldua was EVP and General Counsel of MetLife, Inc., from 2012 until 2017. Previously, he held senior positions in the legal department of the Hartford Financial Services Group and a partner
at the law firm of Cleary, Gottlieb, Steen & Hamilton LLP. Anzaldua received a B.A. degree from Brown University in 1979 and a J.D. degree from the Harvard Law School in 1990.
“For six years, Bill McDavid has driven the legal and regulatory strategy that helped transform Freddie Mac into a fundamentally better company. His counsel will be sorely missed,” said Freddie Mac CEO Donald H. Layton. “At the same time, we welcome to Freddie Mac Ricardo Anzaldua, an accomplished attorney and experienced general counsel whose experience and advice will be invaluable as we prepare for the future.” (Press Release, Freddie Mac, 4/30/18)
Freddie Mac launches its “Borrowers of the FutureSM” campaign
In May, Freddie Mac launched the “Borrower of the FutureSM” to help mortgage originators
better understand and address the evolving needs of the next generation of consumers driving housing demand. Freddie Mac will issue white papers, report and articles, drawing on its leading marketplace position and access to data to glean valuable insights and share knowledge on what changing demographics and new behavioral economics mean for home ownership. In addition, Freddie Mac is partnering with NYU Professor Arun Sundararajan to obtain his insight into how digital technologies and the future of work change the dynamics of homeownership, leveraging research and expertise to further advance the initiative’s efforts.
“The increase in self-employed and the rise of the sharing economy and digitally-driven lifestyles are having a tremendous impact and leading to shifts in behavioral, economic and societal factors,” said Chris Boyle, Freddie’s Chief Client Officer. “Collectively, the industry must now take into account these dynamics as we think about how to effectively help the next generation find the home of their dreams. We’re excited to serve in this important role to help the industry better understand the Borrower of the Future, and then drive the conversation on how to apply these insights to make the mortgage process more efficient and affordable.”
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