Fannie Mae looks to affordable housing nonprofit for next CEO
Former JP Morgan Chase Director Priscilla Almodovar leads Enterprise Community Partners, which has business ties to the mortgage giant
by Matt Carter Sep 29
Changing of the guard at Fannie Mae as mortgage giant seeks CEO
Wells Fargo veteran Michael Heid will succeed Sheila Bair as board chair as the mortgage giant conducts a national search for its next CEO. Its current CEO, Hugh Frater, is retiring
by Matt Carter Apr 11
New Fannie Mae rule may help renters qualify for a mortgage
Consistent rent payments can boost prospects of borrowers with thin credit files
by Matt Carter Aug 11
Fannie Mae earnings reveal a steadying housing market
Only 5.7% of the single-family loans guaranteed by the GSE were in forbearance at the end of the second quarter, down from 7% at the end of the previous quarter
by Patrick Kearns Jul 30
Fannie Mae posts $14.2B in profit in 2019 as it eyes conservatorship exit
The FHFA is taking steps to free Fannie Mae from government conservatorship as the company posts big profits
by Patrick Kearns Feb 13
Fannie Mae appoints Hugh Frater as permanent CEO
Frater served as interim CEO during the agency's 6-month search for a new chief executive