Freddie Mac’s management defeated a shareholder proposal that called for a semiannual report on the GSE’s charitable contributions. The action occurred during the GSE’s lightly attended annual shareholder meeting Sept. 8 at the company’s headquarters in McLean, VA. The proposal called for Freddie to semiannually disclose its policies and procedures for charitable contributions, the monetary and non-monetary contributions made to nonprofit organizations, and to provide a business rationale for each donation. It also would...
It will be the 11th issuance of its type by loanDepot.
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