Tag Archives: Sheila C. Bair

Current CEO Hugh Frater to retire and will be replaced on an interim basis by President David Benson. Meanwhile, Fannie Mae Board Chair Sheila Bair is stepping down and will be replaced by ex-Wells Fargo head Michael Heid.

A new refinance option drafted by the FHFA will benefit nearly two million low-income borrowers and allow them to take advantage of record-low rates.