DeVito became CEO of Freddie Mac in 2021. In this position, like Priscilla Almodovar, the head of Fannie Mae, he plays a critical role in the maintaining liquidity in the nation’s residential real estate mortgage market. Before coming to lead Freddie Mac, he served as executive vice president of home lending at Wells Fargo and Company.
Real Estate Almanac – The residential real estate brokerage industry’s 360-degree compendium and analysis of leaders, organized real estate, technology, franchise brands, enterprises, and brokerages. Researched, analyzed and produced by T3 Sixty.