SEC may file charges against Freddie Mac exec

By IBTimes Staff Reporter | February 24 2011 10:24 PM

A top executive at mortgage finance giant Freddie Mac received a Wells Notice from the Securities and Exchange Commission that the agency was considering filing an enforcement action against him, according to an SEC filing released on Thursday.

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The filing said Executive Vice President Donald Bisenius, who heads the single-family mortgage unit, may have violated federal securities laws and related rules in 2007 and 2008.

(Reporting by Corbett B. Daly and Rachelle Younglai; Editing by Leslie Adler)

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