Fannie and Freddie continued to meet FHFA's strategic goals: maintaining credit access, preventing foreclosures, reducing taxpayer risks and building securitization infrastructure.
Interim CEO Hugh Frater’s six-month odyssey at Fannie Mae just got longer last week when the board selected him to take the position permanently. His tenure became effective March 26, and he will remain on the board directors.
Fannie Mae last week announced it completed a multi-tranche credit-insurance-risk transfer transaction covering an astonishing $11.7 billion worth of multifamily loans held in portfolio.
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