Fannie Mae has expanded its Office of the Chairman to include executive vice president and chieffinancial officer J. Timothy Howard and announced the appointment of 21 vice presidents. Mr. Howard, who joined the company in 1982, oversees Fannie Mae's mortgage portfolio business and itsfinancial and corporate interest rate risk management. The other members of the office are Franklin D.Raines, chairman and chief executive officer; Daniel H. Mudd, vice chairman and chief operatingofficer; and Jamie S. Gorelick, vice chair. Fannie Mae's board of directors also appointed Rebecca R.Culberson senior VP for regional management and housing partnerships; J. Brian Graham, SVP, creditportfolio; Renie Y. Grohl, SVP and deputy general counsel; Pamela Johnson, SVP for single-familymortgage business; Richard S. Lawch, SVP for multifamily capital markets; Andrew McCormick, SVP forportfolio management; William M. Pugh, SVP for enterprise systems management; and Phillip Weber, SVPof the American Communities Fund. Fannie Mae also named Jill M. Blickstein VP for regulatory policy;Andrew Bon Salle, VP for portfolio management; Jonathan R. Boyles, VP for financial accounting;Matthew W. Douthit, VP for portfolio management; Gina A. Hough, VP and deputy general counsel; G.Scott Lesmes, VP and deputy general counsel; Timothy M. McLuckie, VP for portfolio analytics; Edwin B.Neill, VP for tax credit investments; Dror Oppenheimer, VP for asset development management; WilliamF. Quinn, VP and head of risk management strategies; Eric Rosenblatt, VP for credit policy; William B.Senhauser, VP and deputy general counsel; and Deborah A. Wilson, VP for multifamily strategy.
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The Federal Reserve's April financial stability report found that asset valuations remain elevated, even as investors are beginning to demand more compensation for risk amid rising uncertainty around monetary policy.
May 8 -
First American claims Liberty National's owner changed the company's name immediately after a judge held her firm liable for an erroneous wire transfer.
May 8 -
Lender and servicer Loandepot, reeling from a larger loss in the first quarter, could use the potential funds to cover daily operations or repay debt.
May 8 -
Alongside its cloud-based brokerage, the company said the acquisition will transform eXp's existing infrastructure into a multi-model platform.
May 8 -
The opinion that supports national banks' ability to avoid paying interest on certain mortgage accounts in New York is unlikely to be the last word.
May 8 -
The latest offer, 70 cents per share higher than previously agreed to, equals the cash proposal made by UWM Holdings to win over Two Harbors' shareholders.
May 8








