The Federal Housing Finance Agency (FHFA) announced on March 17, 2025, a significant shake-up in Fannie Mae's governance. The FHFA removed eight members from the board of the Federal National Mortgage Association.
In addition to these removals, the FHFA Director will now head the boards of both Fannie Mae and Freddie Mac. This move centralizes control and oversight directly under the agency's leadership.
This restructuring indicates a more direct regulatory influence on Fannie Mae's strategic decisions and day-to-day operations. The board changes are a notable development in the company's management structure under conservatorship.
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