Freddie Mac Chief Executive Officer Charles E. "Ed" Haldeman Jr. will step down by the end of the year. The regulator for Freddie and its sister company, Fannie Mae , the Federal Housing Finance Agency, said it will work with the board at Freddie Mac on developing a succession plan to fill the position.
FHFA Acting Director Edward DeMarco said in a statement that Haldeman will remain at Freddie Mac until a new CEO is hired.
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(Reporting by Margaret Chadbourn; Editing by Kenneth Barry)