Freddie Mac CEO Don Layton stepping down in July, David Brickman to take over

Don Layton’s time as CEO of Freddie Mac will officially end this summer, the government-sponsored enterprise announced Thursday morning. Layton has led Freddie Mac since 2012, but the GSE announced last year that Layton would be retiring at some point in the second half of 2019. And Thursday, the GSE revealed exactly when Layton’s run as CEO will end, and who will replace him.