Economics
Wells Fargo Adds Freddie Mac’s Reiter for Loan Research
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Wells Fargo & Co., the biggest U.S. home lender, hired Greg Reiter from Freddie Mac to run residential mortgage research at its securities unit.
Reiter, 49, will be based in Charlotte, North Carolina, and lead a team responsible for producing research, strategy and investment ideas for customers, according to a statement today from the San Francisco-based firm. He replaces Glenn Schultz, who was head of residential mortgage research before leaving the bank, according to Shelley Beason, a Wells Fargo spokeswoman.