Donna Corley, head of the single-family division at Freddie Mac, is stepping down from her post at the government-sponsored enterprise.

Corley will stay on until Nov. 25 as executive vice president and special advisor, reporting to Michael Hutchins, president of Freddie Mac. Hutchins will take over active management responsibilities for the single-family division until the company finds a replacement for Corley.

Hutchins won’t get a pay bump for the extra responsibilities, a Securities and Exchange Commission filing shows. In his role as president, Hutchins oversees the division heads of single-family, multifamily, investments and capital markets, enterprise operations and technology, human resources and details ⇒

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