Diana Reid has been appointed as the new CEO of Freddie Mac, bringing over 40 years of expertise from the banking and real estate sectors, aiming to enhance the GSE's contributions to housing liquidity and affordability.
"The return of ReMIT will continue to be a supportive foreclosure prevention tool for D.C. residents. It's imperative to take action and provide financial assistance to retain and preserve homeownership in the District, especially for our long-term residents."