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Home prices increased another 5% in the first quarter.
Board elects Wells Fargo exec Michael Heid to succeed Chairwoman Sheila Bair; President David Benson will serve as interim CEO.
Sale consists of approximately 7,600 loans with an unpaid principal balance of approximately $1.49 billion.
The Expanded Housing Choice initiative provides a new pricing incentive for Texas and Carolina multifamily property owners who accept HUD Housing Choice Vouchers.
Kimberly Johnson's departure adds to growing list of executives who have left the enterprise.
Fannie Mae's Economic & Strategic Research Group says mortgage rates likely to experience competing 'flight to quality' and fed-tightening pressures.