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Fannie Mae Chair, CEO To Resign May 1

Fannie Mae will soon have a new chairman of the board and a new chief executive officer. In a news release Friday afternoon, the government-sponsored enterprise announced that both board Chairwoman Sheila C. Bair and CEO Hugh R. Frater, who also is a board member, have chosen to resign effective May 1. ....

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Fannie Mae's New Initiative Increases Access To Affordable Homes For Voucher Holders

Fannie Mae announced its Expanded Housing Choice initiative, which provides a new pricing incentive for Texas and Carolina multifamily property owners who accepts U.S. Department of Housing and Urban Development (HUD) Housing Choice Vouchers. These Housing Choice Vouchers help provide housing for very low-income families, seniors, historically underserved populations and people with disabilities.  ....

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