Louis J. Freeh, a former director of the Federal Bureau of Investigation, has been elected to the board of directors of Fannie Mae.Mr. Freeh, who will serve on the board's compliance and compensation committees, is president of Freeh Group International LLC, a Delaware-based practice of former federal judges and former senior FBI leaders who provide legal, governance, investigative, litigation, and risk management services. Mr. Freeh served as general counsel, corporate secretary, and ethics officer at MBNA Corp., as well as vice chairman of MBNA America Bank NA from 2001 to 2006, Fannie Mae said. Before serving as director of the FBI from 1993 to 2001, he was the U.S. district judge for the Southern District of New York from 1991 to 1993. Fannie Mae can be found online at http://www.fanniemae.com.
-
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
7m ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
44m ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
49m ago -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
1h ago -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
3h ago -
The consumer price index ticked up last month, bolstering arguments about broad-based inflation and raising the odds of a rate hike next month.
6h ago








