Salary, bonuses, stock options, stock awards and other compensation information for top executives at WELLS FARGO & COMPANY/MN. Mortgage fintech Blend raises $100 million as it works with Wells Fargo Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Working together, Im certain we can continue to deliver the liquidity, stability and affordability the housing markets need while enhancing our own safety and soundness., Tagged with: Freddie Mac Kristy Fercho Mark B. Grier Michael J. DeVito Sara Mathew Wells Fargo, Corporate Office: After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Active 1964 13 . Arnie Aurellano is chief reporter and website content editor at Scotsman Guide. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. DeVito, who spent more than two decades at Wells Fargo before retiring last year, will take the helm of the GSE on June 1. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4. "HUD should acknowledge that Americans' attention to racial discrimination is more pronounced and expansive," Michael DeVito, Wells Fargo's executive vice president for home lending, said . DeVito also was head of He has nearly 29 years of experience in the financial Authors Channel Summit. With approximately 266,000 team members, Wells Fargo serves one in three households in the United States. Freddie Mac Announces Michael J. DeVito as CEO - Yahoo! Mark Calabria, director of the Federal Housing Finance Agency, wants the GSEs to build enough capital to end the conservatorships, but a recent report from Keefe, Bruyette & Woods said it could take at least 15 years at the current pace of retained earnings. holistic approach to delivering retail banking and lending services to SP . DeVito also was head of . He comes to his new role with a broad financial services background, a deep understanding of Wells Fargo, and a strong reputation for energizing teams.. needs. I am delighted to announce that, after an exhaustive search, the Board of Directors has chosen Michael DeVito as the next CEO of Freddie Mac, said Sara Mathew, non-executive chair of Freddie Macs Board of Directors. . Previously, he was a leader in Home