Michael Hutchins has been named interim CEO of Freddie Mac, stepping into the role as the company conducts an ongoing search for a permanent replacement. The announcement comes amid a period of transition for the mortgage giant, as it navigates changing market conditions and strives to maintain stability in leadership.

– Michael Hutchins appointed interim CEO of Freddie Mac
– Freddie Mac still searching for permanent CEO
– Transition period for company as it adapts to market changes
– Stability in leadership important for Freddie Mac’s operations
– Continued focus on finding the right candidate for permanent appointment

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