Real estate industry reacts to Fannie Mae shakeup Premium Content

Management changes in wake of accounting mishaps

The real estate industry appears relatively unconcerned by the recent management shakeup at Fannie Mae, with most saying business will go on as usual despite who heads the nation's top source of financing for home loans.

"I don't think it'll make an impact on the housing market," said Bill Moody, president of Lenders First Choice, a title company in Simi Valley, Calif.

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