In early July, the REIT closed on its previously announced $190 million purchase of Shellpoint Partners, an acquisition that includes mortgage banking firm New Penn Financial.
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.