Fannie Names 24 to Advisory Council

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.

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