NVR, INC. APPOINTS NEW MEMBER TO BOARD OF DIRECTORS
NVR Inc. (NYSE: NVR), a prominent homebuilding and mortgage banking company, has announced the appointment of Michael J. DeVito to its Board of Directors as an independent director, effective July 1, 2025.
DeVito brings significant industry experience, having served as the CEO and Executive Director of Freddie Mac from 2021 to 2024. Prior to Freddie Mac, he spent 24 years at Wells Fargo & Company, where he held various senior management positions in home lending, ultimately serving as Executive Vice President and Head of Home Lending.
NVR Inc. (NYSE: NVR), una nota societ脿 nel settore della costruzione di abitazioni e del credito ipotecario, ha annunciato la nomina di Michael J. DeVito nel proprio Consiglio di Amministrazione come direttore indipendente, a partire dal 1掳 luglio 2025.
DeVito porta con s茅 una significativa esperienza nel settore, avendo ricoperto il ruolo di CEO e Direttore Esecutivo di Freddie Mac dal 2021 al 2024. Prima di Freddie Mac, ha lavorato per 24 anni presso Wells Fargo & Company, dove ha occupato diverse posizioni dirigenziali nell'ambito dei finanziamenti abitativi, arrivando a ricoprire il ruolo di Vicepresidente Esecutivo e Responsabile del settore Home Lending.
NVR Inc. (NYSE: NVR), una destacada empresa de construcci贸n de viviendas y banca hipotecaria, ha anunciado el nombramiento de Michael J. DeVito en su Junta Directiva como director independiente, con efecto a partir del 1 de julio de 2025.
DeVito aporta una amplia experiencia en la industria, habiendo sido CEO y Director Ejecutivo de Freddie Mac desde 2021 hasta 2024. Antes de Freddie Mac, trabaj贸 durante 24 a帽os en Wells Fargo & Company, donde ocup贸 varios cargos de alta direcci贸n en pr茅stamos para vivienda, llegando a ser Vicepresidente Ejecutivo y Jefe de Home Lending.
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DeVito電� 鞐呹硠鞐愳劀 頀嶋秬頃� 瓴巾棙鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 2021雲勲秬韯� 2024雲勱箤歆� Freddie Mac鞚� CEO 瓴� 歆戫枆 鞚挫偓搿� 鞛頄堨姷雼堧嫟. Freddie Mac 鞚挫爠鞐愲姅 Wells Fargo & Company鞐愳劀 24雲勱皠 攴茧頃橂┌ 欤柬儩 雽�於� 攵�氍胳棎靹� 雼れ枒頃� 瓿犾渼 瓴届榿歆� 歆侅眳鞚� 毵§晿瓿�, 斓滌鞝侅溂搿滊姅 歆戫枆 攵�靷灔 瓴� 欤柬儩 雽�於� 毂呾瀯鞛愲ゼ 鞐瀯頄堨姷雼堧嫟.
NVR Inc. (NYSE : NVR), une entreprise majeure dans la construction de logements et la banque hypoth茅caire, a annonc茅 la nomination de Michael J. DeVito au conseil d'administration en tant qu'administrateur ind茅pendant, 脿 compter du 1er juillet 2025.
DeVito apporte une exp茅rience significative dans le secteur, ayant occup茅 le poste de PDG et directeur ex茅cutif de Freddie Mac de 2021 脿 2024. Avant Freddie Mac, il a pass茅 24 ans chez Wells Fargo & Company, o霉 il a exerc茅 diverses fonctions de direction dans le domaine des pr锚ts immobiliers, terminant en tant que vice-pr茅sident ex茅cutif et responsable du secteur Home Lending.
NVR Inc. (NYSE: NVR), ein f眉hrendes Unternehmen im Bereich Hausbau und Hypothekenbankwesen, hat die Ernennung von Michael J. DeVito als unabh盲ngiges Mitglied in den Vorstand bekannt gegeben, g眉ltig ab dem 1. Juli 2025.
DeVito bringt umfangreiche Branchenerfahrung mit, nachdem er von 2021 bis 2024 als CEO und Executive Director von Freddie Mac t盲tig war. Vor seiner Zeit bei Freddie Mac war er 24 Jahre bei Wells Fargo & Company besch盲ftigt, wo er verschiedene leitende Positionen im Bereich Wohnungsfinanzierung innehatte und schlie脽lich als Executive Vice President und Leiter der Wohnungsfinanzierung fungierte.
- Addition of experienced housing industry executive with significant mortgage banking expertise
- Strengthening of board independence with new independent director appointment
- None.
Mr. DeVito was the Chief Executive Officer and an Executive Director of Federal Home Loan Mortgage Corporation (Freddie Mac), one of the largest providers of mortgage financing in the country, from 2021 to 2024. Prior to working for Freddie Mac, Mr. DeVito worked for twenty-four years at Wells Fargo & Company in various home lending senior management positions of increasing responsibility. The last position Mr. DeVito held was Executive Vice President and Head of Home Lending.
About NVR
NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding segment sells and builds homes under the Ryan Homes, NVHomes, and Heartland Homes trade names, and operates in thirty-six metropolitan areas in sixteen states and
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