Tag Archives: Hugh Frater

Fannie Mae looks to affordable housing nonprofit for next CEO

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Former JP Morgan Chase Director Priscilla Almodovar leads Enterprise Community Partners, which has business ties to the mortgage giant. Continue reading →

New Fannie Mae rule may help renters qualify for a mortgage

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Would-be homebuyers with thin credit files will have a better chance of getting approved for a mortgage if they’ve been paying their rent consistently, thanks to changes to Fannie Mae’s automated underwriting system taking effect next month. Continue reading →

Fannie Mae posts $14.2B in profit in 2019 as it eyes exit from conservatorship

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The FHFA is taking steps to free Fannie Mae from government conservatorship as the company posts big profits. Continue reading →

Fannie Mae appoints Hugh Frater as permanent CEO

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Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Continue reading →