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Economy

Fannie, Freddie CEO salaries to be boosted to $4 million

By Joseph Lawler
Published
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Fannie, Freddie CEO salaries to be boosted to $4 million

The chief executives of the bailed-out mortgage giants Fannie Mae and Freddie Mac are getting raises.

Fannie CEO Timothy Mayopoulos and Freddie CEO Donald Layton will receive $4 million in compensation apiece annually, according to disclosures filed with the Securities and Exchange Commission Wednesday.

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Economy Fannie Mae and Freddie Mac FHFA Joseph Lawler Mel Watt PennAve Politics