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VirtualBank forms Seniors Lending Group

May 13, 2007

NAMB president to serve on National Housing Advisory CouncilMortgagePress.comFannie Mae's National Housing Advisory Council Harry Dinham to advise Fannie Mae senior management The National Association of Mortgage Brokers has announced that President Harry Dinham, CMC will serve on Fannie Mae's National Housing Advisory Council (NHAC). Dinham, who over the past year has testified before Congress and the Federal Reserve Board about critical issues related to housing, said the Council is another venue for NAMB to help shape sound policy for American homeowners. "NAMB's members have an important voice in Fannie Mae's decision-making process," said Dinham. "Serving on the Council gives me the opportunity to further advance the cause of both mortgage brokers and homeowners on a national scale." The NHAC is comprised of 46 members from throughout the housing, mortgage finance and government sectors. Daniel H. Mudd, Fannie Mae's president and chief executive officer, is responsible for choosing new members of the Council. "This is a great honor," said Dinham. "The Council influences decisions that affect millions of people across the country. I look forward to working with the other members on a range of homeownership issues." Fannie Mae created the NHAC in 1971. It meets with Fannie Mae's senior management team three times each year to help the company address industry challenges and maximize market opportunities. Council members serve two-year terms, with approximately half of the membership rotating off at the end of each year. For more information, visit www.namb.org and www.fanniemae.com.
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May 13, 2007
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