Linda Knight has been promoted from senior vice president and treasurer of Fannie Mae to executive vice president for capital markets.Ms. Knight joined Fannie Mae in 1982 as senior market analyst and has been SVP and treasurer since 1993, the government-sponsored enterprise said. Fannie Mae said Ms. Knight will be one of two business-unit risk officers in the Capital Markets Group, which was previously known as the Portfolio Division. The GSE also announced the promotion of three executives to positions in the Capital Markets Group: David Benson, to senior vice president and treasurer; Ramon de Castro, to senior vice president for capital markets -- mortgages; and Andrew Bon Salle, to senior vice president for capital markets -- lender channel.
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The Treasury official renewed a pledge to avoid hurting how mortgages trade in a Fox Business News interview as a new study highlighted one way to do that.
10h ago -
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
11h ago -
The bill's signing comes weeks after one of the most notorious NTRAP providers agreed to legal settlements in two states, nullifying existing contracts.
December 17 -
Mortgage activity fell 3.8% from one week prior for the week ending Dec. 12, led by a 4% drop in refinance applications, the Mortgage Bankers Association said.
December 17 -
The deal significantly grows United Wholesale Mortgage's servicing portfolio, and it will increase the float on its common stock, making it more investable.
December 17 -
The lawsuit is the latest scrutiny over personnel moves this year at the companies under the purview of U.S. Federal Housing Finance Agency Director Bill Pulte.
December 17




