Frederick B. "Bart" Harvey III, a leader in promoting affordable housing, has been elected to the board of directors of Fannie Mae. Mr. Harvey, 59, retired as chairman of Enterprise Community Partners in March after 24 years with the foundation, of which he was chief executive officer from 1994 to 2007. Fannie Mae said Mr. Harvey worked with Congress to help create the Low Income Housing Tax Credit. "Bart is a perfect addition to Fannie Mae's board -- his life's work represents everything our mission is about: harnessing private enterprise to expand affordable, sustainable housing opportunities," said Daniel H. Mudd, Fannie's president and CEO. Fannie can be found online at http://www.fanniemae.com.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










