Fannie Mae’s top leadership position has now been filled, but it's still business as usual for the GSE’s multifamily unit, says Jeff Hayward, SVP and head of Multifamily at Fannie Mae. “Tim Mayopoulos has been a colleague and an outstanding leader,” he tells GlobeSt.com. “From the perspective of understanding and caring about what happens in housing we couldn’t have found anyone better as CEO.”
All that said, a change in leadership will not impact multifamily’s day-to-day operations that greatly. The GSE’s multifamily unit has been focused on its mission of liquidity and executing on that goal, Hayward says. For that reason, it is not considering new product development or tweaks to existing products.
Read more...GlobeSt.com - Hayward: Fannie Mae Multifamily to Focus on Liquidity - Daily News Article