Items Tagged with 'Tim Mayopoulos'

ARTICLES

  • Blend looks to disrupt home equity lending

    Tech company launches software to shave weeks off home equity loan application process
    Digital lending company Blend has set its sights on the home equity market, announcing Tuesday plans to apply its tech expertise to home equity loans and lines of credit with a new app that promises to drastically reduce turn times. The move is a bet on rapid growth for the home equity market as home prices continue to rise. Blend said that as the purchase market weakens, home equity lending will be the next big opportunity.
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  • Former Fannie Mae CEO Tim Mayopoulos named president of Blend

    Massive hire for digital lending company
    When Tim Mayopoulos stepped down as CEO of Fannie Mae, he said that he wanted to stay in housing and hoped to focus on technology in the next step in his career. He's apparently found both of those at Blend, which announced Tuesday that Mayopoulos is joining the company as president.
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  • Fannie Mae CEO Tim Mayopoulos: Conservatorship has been very successful

    On his last day as CEO, Mayopoulos looks back and looks ahead
    Despite other prominent housing figures stating earlier that morning that the GSE conservatorship is unstable and undesirable, Fannie Mae CEO Tim Mayopoulos complimented the government on its decision to bail out the companies and place them in conservatorship for 10 years. "Conservatorship has been very successful," Mayopoulos said. "What the government did worked quite well."
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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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  • From HW Magazine

    Back on track: How Tim Mayopoulos fixed Fannie Mae

    A look back on Mayopoulos' career at the government-sponsored enterprise
    When Tim Mayopoulos was vetted prior to joining Fannie Mae nearly 10 years ago in the role of general counsel, board members explained it would only take 12 to 18 months for the company to turn around. That isn’t what it took. It took putting Mayopoulos in charge, years later, to turn the company around. And that’s exactly what he did.
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