To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Michael has made over 3 trades of the Wells Fargo & Co stock since 2021, according to the Form 4 filled with the SEC. Michael S Weinbach Net Worth (2023) | wallmine Favorite Actors/Actresses - IMDb Wells Fargo Names Michael DeVito Head of Home Lending Wells Fargo has provided this link for your convenience, but does not endorse and is not responsible for the content, links, privacy policy, or security policy of this website. We are building a better housing finance system for homebuyers, renters, lenders and taxpayers. Michael is a well-regarded leader with proven success in virtually every aspect of the mortgage industry. largest corporations. Wells Fargo is also the nation's leading renovation loan lender and the number one lender to homebuyers who purchase newly constructed homes. Thank you for subscribing to Morning Headlines. leader Andy Rowe. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Michael DeVito is Chief Executive Officer of Freddie Mac, one of the largest providers of mortgage financing in the United States. If so please contact customer support at (510) 658-9252, Password Reset Instructions have been sent to. Lead Analyst Logan Mohtashami explains. Before taking the top position in Wells Fargo's mortgage unit, DeVito oversaw the production and servicing units at separate times in his tenure. But Congress has limited the total annual direct compensation for each company's CEO to a base salary of . How do you transition from QC defense to offense in 2023? Program details and other speakers were also released for this year's . Freddie Mac Announces Michael J. DeVito as CEO - Yahoo! After he announced his retirement, Fannie Maes board determined that he should receive 95 percent of his performance-based deferred salary, having successfully led the Single-Family business during the COVID-19 pandemic and met or exceeded all 2020 objectives. Grier will return to his duties as a full-time member of the board on June 1. Wells Fargo names new head of mortgage | Reuters She is at Wells Fargo now, with current comp around $75k. the global economy. He has over 30 years of experience in the mortgage and financial services industry. our customers and help them succeed financially..