Beth Wilkinson has been named executive vice president and general counsel of Fannie Mae, and Bill Senhauser has been named senior vice president and chief compliance officer, according to the government-sponsored enterprise.Ms. Wilkinson joins Fannie Mae from Latham & Watkins LLP, where she is a partner. She was previously special attorney to the U.S. attorney general, serving as a prosecutor in the U.S. v. McVeigh and Nichols cases, Fannie Mae said. She has also served as the principal deputy in the Terrorism & Violent Crime Section of the U.S. Department of Justice's Criminal Division. Mr. Senhauser, whose appointment followed a nationwide search, will lead the GSE's Office of Compliance, Ethics and Investigations. He was previously vice president of Fannie Mae's Regulatory Agreements and Restatement Team. Mr. Senhauser joined Fannie Mae in 1999 as vice president and deputy general counsel. Before that, he was executive director of the Equal Justice Foundation and senior trial attorney in the Civil Rights Division of the U.S. Department of Justice.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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