Investments

James Mackey heads to Freddie Mac

According to Reuters, James Mackey will replace Ross Kari, as chief financial officer for Freddie Mac, and will report to chief executive officer Donald Layton.

Mackey previously served as finance chief at Ally Financial, formerly GMAC. Before that he worked at Bank of America.

Freddie Mac has been without a CFO since December 2012.

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3d rendering of a row of luxury townhouses along a street

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