Fannie Maes president, David Benson, will serve as interim CEO and board member, starting May 1, although that decision is subject to approval by Fannie Maes conservator, the Federal Housing Finance Agency. Fannie Mae Announces New Finance Leadership Structure History of Fannie Mae & Freddie Mac Conservatorships, Senior Preferred Stock Purchase Agreements, Fannie Mae & Freddie Mac Affordable Housing Allocations, Fannie Mae & Freddie Mac Multifamily Businesses, Fannie Mae & Freddie Mac Private Mortgage Insurer Eligibility Requirements (PMIERs), Non-Performing and Reperforming Loan Sales, Single Security Initiative and Common Securitization Platform. (BI), A portfolio manager at $20 billion Lone Pine says value investing is alive and well with a new class of company leading the way and explains why hyper-growth firms like Facebook now fit the bill (BI), 8 consulting firms where MBA students can earn more than $30,000 during their internships (BI), Robinhood Considers Making Customer Trading Data Public Again (Bloomberg). Fannie Mae indicated in a disclosure that Kimberly Johnson, its COO, would From 1999 to 2008, the annual compensation of the FHLBank directors was subject to statutory caps. Fannie Mae will continue to thrive under the experienced leadership team of Mike Heid as Chairman of the Board, Diane Nordin as Vice Chairman, and Dave Benson as Interim CEO in addition to his current duties as President, said Thompson. Army investigating suspected suicides of three Fort Drum soldiers. Trading in shares of Fannie Mae was briefly suspended for the announcement and prices fell 2.0 percent in extended trade after the news. Operate the business in a safe and sound manner. And then, they listen and express genuine concern. FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report., FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nations housing finance sector. U.S. Space Force to take over SATCOM operations from Army, Navy. Fannie Mae announces management shakeup | Reuters WebThree members of Fannie Maes board of directors will depart the government-sponsored enterprise next month. Fannie Mae and Freddie Mac are the largest source of mortgage finance across the country. Frank Abatangelo on LinkedIn: A big leadership shakeup at Fannie
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