FHFA Hires Search Firm to Find Common Securitization Platform Chief; But Can the CEO Live on $450,000 a Year?
August 9, 2013
The Federal Housing Finance Agency, after months of interviewing executive search firms, has hired the Washington-based Spencer Stuart to find a chief executive to man the helm of the common securitization platform project being developed by the two government-sponsored enterprises. According to sources familiar with the regulators plans, the starting salary for the job is in the range of $450,000, plus benefits. Sources say FHFA has handed...