Freddie Mac will soon require outside law firms to prove their dedication to diversity if they want to continue working with the public-private mortgage company.
The Federal Home Loan Mortgage Corp. is launching a talent stewardship program designed to improve the pipeline for diverse lawyers in-house and at outside law firms, according to Ricardo Anzaldua, Freddie Mac’s general counsel and executive vice president. The program is based on a model Anzaldua implemented when he was the top lawyer at MetLife Inc.
“If the firm is made up of 80 to 90% white men, then white men are going to be ...
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