Fannie Mae

Government-backed financial services company

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2024 Fannie Mae reached a milestone of over $4.3 trillion in assets, becoming the largest company in the United States and the fifth largest company in the world by assets.
December 5 2022 Priscilla Almodovar becomes the Chief Executive Officer of Fannie Mae, succeeding Hugh R. Frater.
December 9 2020 The Supreme Court heard oral arguments regarding the constitutionality of the FHFA's structure and its profit-taking decisions, following a related ruling in the Seila Law LLC v. Consumer Financial Protection Bureau case.
October 2018 Hugh R. Frater becomes interim Chief Executive Officer.
September 2018 Manuel Sánchez Rodríguez and Ryan A. Zanin join the Board of Directors as independent directors.
August 2018 David C. Benson becomes President, and Celeste M. Brown becomes Executive Vice President and Chief Financial Officer.
July 2018 Antony Jenkins joins the Board of Directors as an independent director.
March 2018 Kimberly H. Johnson becomes Executive Vice President and Chief Operating Officer, transitioning from her previous role as Executive Vice President and Chief Risk Officer.
September 2016 Ryan A. Zanin becomes an independent director.
May 2016 Michael J. Heid becomes an independent director.
January 2016 Renee Lewis Glover becomes an independent director.
November 2013 Diane C. Nordin becomes an independent director.
September 24 2012 A judge dismissed a class-action lawsuit against Freddie Mac regarding misleading statements about its exposure to risky loans prior to the federal takeover.
June 2011 Robert H. Herz becomes an independent director.

This contents of the box above is based on material from the Wikipedia articles Federal takeover of Fannie Mae and Freddie Mac & Fannie Mae, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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