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.
-
Even with the positive news when it came to income, two of the big four underwriters had their earnings outlook slashed, while a third received an upgrade.
August 7 -
AD Mortgage's news survey finds 82% expect AI to transform the industry, and relationship skills will decide who wins in 2027.
August 7 -
An acquisition this year could be one in a line of other future deals, potentially involving lenders or commercial real estate firms, Ellington executives said.
August 7 -
If the deal is completed, the companies will form the sixth-largest publicly traded homebuilder in the U.S. with about $6.6 billion in combined revenue.
August 7 -
Fannie Mae and Freddie Mac's oversight chief said that he's displeased with a report that these builders have retreated from serving first-time buyers.
August 7 -
The economy lost 23,000 jobs in July, but the unemployment rate ticked down to 4.1% all the same. The development could embolden both hawks and doves at the central bank.
August 7








