Jun 6th 2012 11:00AM
Mortgage giant Fannie Mae has announced that Timothy J. Mayopoulos is now CEO of the government-sponsored company. The announcement follows the January resignation of Fannie Mae's previous CEO, Michael J. Williams, and comes shortly after the company reported that it did not require a bailout for the first quarter of... Continue Reading »
Jan 11th 2012 4:30PM
With Fannie Mae CEO Michael Williams on the way out, it's unclear who will step in to lead the government-sponsored enterprise. Whoever is chosen to replace Williams (pictured at left), and for what reason, could signal the direction of the mortgage giant, be it a strong future, or a short-lived wind-down. "That's the... Continue Reading »
Jan 11th 2012 1:00AM
WASHINGTON -- The executive who was appointed to lead mortgage giant Fannie Mae in 2009 after the federal government seized the company plans to step down as its CEO. Michael J. Williams announced Tuesday that he will continue as CEO and as a director until a successor is found. "I decided the time is right to turn... Continue Reading »
