Freddie Mac (FRE) announced that its chief executive officer, David Moffett, has notified the chairman of the board of directors of his resignation from his position as chief executive and as a member of the board effective no later than March 13, 2009. Moffett indicated that he wants to return to a role in the financial services sector.
In a separate press release, Freddie announced it would not issue a Reference REMIC security during the week of March 9, 2009. The company's 2009 Reference Notes and Reference REMIC calendar designates monthly issuance weeks that it may use to issue new Reference REMIC securities.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.