Items Tagged with 'GSE'

ARTICLES

  • Fannie Mae names two additions to its board of directors

    Welcomes Google Assistant Treasurer Karin Kimbrough and Coinbase legal pro Brian Brooks
    Fannie Mae has announced the appointment of Karin Kimbrough and Brian Brooks to its board of directors, two heavy-hitters with legit banking, tech and legal expertise. Kimbrough works as assistant treasurer for Google, while Brooks is chief legal officer at Coinbase Capital.
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  • Freddie Mac CEO Don Layton stepping down in July, David Brickman to take over

    Layton set to retire July 1
    Don Layton’s time as CEO of Freddie Mac will officially end this summer, the government-sponsored enterprise announced Thursday morning. Layton has led Freddie Mac since 2012, but the GSE announced last year that Layton would be retiring at some point in the second half of 2019. And Thursday, the GSE revealed exactly when Layton’s run as CEO will end, and who will replace him.
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  • Fannie Mae names new chair of the board

    Egbert Perry stepping down, Jonathan Plutzik elevated from vice chair
    Fannie Mae recently had a change at one of its most important leadership positions when Tim Mayopoulos stepped down as CEO after serving in that role for more than six years, but it turns out that isn't the only change to the government-sponsored enterprise’s management happening this year. Fannie Mae announced Monday that Egbert Perry is stepping down from his position as chair of the GSE’s board of directors.
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  • What would Mark Calabria as FHFA director mean for the future of Fannie and Freddie?

    Analysts weigh Calabria’s potential impact
    The Trump administration has officially nominated Mark Calabria to be the next director of the FHFA when Mel Watt’s term is up early next year. But what would Calabria bring to the FHFA and what might that mean for the future of Fannie Mae and Freddie Mac? Here's a look at what's next, from those in the know.
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  • 6 Questions with 6 HUD Executives, Ep. 6: Ginnie Mae EVP and COO Michael Bright

    Bright talks about the affordability crisis, risks to the housing market, what drives him and more
    On this episode of 6 Questions with 6 HUD Executives, HousingWire Editor-in-Chief Jacob Gaffney sits down with Ginnie Mae Executive Vice President and COO Michael Bright to talk about affordable housing, the securities market and Ginnie Mae crossing the $2 trillion threshold.
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  • Fannie Mae CEO Tim Mayopoulos stepping down within days

    Fannie Mae names Hugh Frater interim CEO
    For the first time in more than six years, Fannie Mae will soon be run by someone other than Tim Mayopoulos. Back in July, Fannie Mae announced that Mayopoulos planned to step down “by the end of the year,” but did not specify a date for his departure. Now, Mayopoulos’ days as Fannie Mae’s CEO are numbered – literally.
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  • Freddie Mac restructures multifamily capital markets division, promotes Robert Koontz to SVP

    Freddie Mac folds two divisions into its multifamily capital markets division
    Freddie Mac announced an organizational shift in its multifamily capital markets department business along with the promotion of Robert Koontz to senior vice president of multifamily capital markets. Freddie also announced that its folding two divisions into the Multifamily Capital Markets department under Koontz.
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  • Lenders in a funk over mortgage market outlook

    Fannie Mae's Mortgage Lender Sentiment Survey reveals moral is very low
    Lenders reported a net negative profit margin outlook for the eighth consecutive quarter in the face of further erosion of purchase mortgage demand. According to Fannie Mae’s Mortgage Lender Sentiment Survey, lenders are feeling worse about the market this quarter than they were last year and last quarter. The biggest reason they have the mortgage blues? Competition from other lenders was the most cited reason by survey participants for the squeeze on margins.
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