Don Layton
Mr. Layton was a Senior Industry Fellow at the Center from 2020-2022. He was the CEO of Freddie Mac from May 2012 until June 2019, which he undertook as public service given the company has been under Federal government control since 2008. He has more than 40 years of experience in financial services and as a corporate leader. He worked for nearly 30 years at JPMorgan Chase and its predecessors, starting out as a trainee and retiring in 2004 as Vice Chairman and one of its top three executives. His experience ranged from leading businesses in global capital markets, investment banking, and US consumer banking, with extensive experience as a general manager of a large financial institution. He was Chairman and then CEO of E*TRADE Financial from 2007 to 2009, shepherding it successfully through the financial crisis. Since 2004, he has served on several corporate boards, including being appointed to the board of AIG by the US Treasury. He served as a senior advisor to the Securities Industry and Financial Markets Association from 2006 to 2008 and serves as Chairman Emeritus of the board of the Partnership for the Homeless, a nonprofit dedicated to reducing homelessness in New York City, after having been its chair for nearly a decade. Layton received simultaneous Bachelor and Master of Science degrees in economics from the Massachusetts Institute of Technology and a Master of Business Administration from Harvard Business School.
By This Author
Demystifying GSE Credit Risk Transfer: Special Interests and Politicization
The Causes and Implications of Credit Tightening
The New Proposed Capital Rule for Freddie Mac & Fannie Mae: Ten Quick Reactions
America’s Housing Finance System in the Pandemic, Part 4: Seven Reports from the Battlefield
America’s Housing Finance System in the Pandemic, Part 3: Q&A on the Ugly Fight over Servicer Advances
The Homeownership Rate and Housing Finance Policy – Part 2: The Heavy Lift to Break the 65 Percent Barrier
The Homeownership Rate and Housing Finance Policy – Part 1: Learning from the Rate’s History
The FHFA’s Report on Credit Risk Transfer: Another Controversial Document Further Erodes Confidence in the Agency
Three Important Decisions the Administration Needs to Make If the Supreme Court Eliminates the FHFA Director’s Independence
The Many Flaws and Weaknesses of FHFA’s 2021 GSE Scorecard
The FHFA’s Proposed GSE “Living Will” Rule: Fatally Flawed and Unusually Vague
FHFA’s Final GSE Capital Rule: Little Credibility and a Short Shelf Life
What Should We Do with the GSEs? Common-Sense Reform Recommendations for the Biden Administration
Common-Sense GSE Reform Recommendations for the Biden Administration
GSE Re-privatization: Will Washington Scare Off Private Capital?
Will the GSEs Be Attractive Enough to Equity Investors for a Successful Recapitalization?