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Story summary
- Kenny M. Smith will become Freddie Mac’s CEO, effective December 17, 2025.
- He has nearly 40 years in financial services, including 27 at Deloitte Consulting as Vice Chairman of U.S. Financial Services.
- He replaces Michael Hutchins, who remains President after serving as interim CEO since March 2024.
- His leadership will guide Freddie Mac through mortgage-finance challenges, including housing affordability and regulation, while expanding access to homeownership and rental housing nationwide.
