Fannie Mae has named 24 new members to its 44-member National Advisory Council.The National Advisory Council includes mortgage bankers, commercial bankers, investment banking executives, real estate agents, homebuilders, government and community leaders, housing authority officials, and representatives of consumer groups. It meets three times a year with Fannie Mae's senior management to discuss "the challenges and opportunities" facing the government-sponsored enterprise and the housing finance system, the GSE said. The chairman of the council this year is James R. "Bobby" Rayburn, president of Rayburn and Associates LLC, Madison, Miss. Fannie Mae can be found online at http://www.fanniemae.com.
-
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









