Printer Friendly

FANNIE MAE NAMES ADVISORY COUNCIL MEMBERS

 WASHINGTON, March 11 /PRNewswire/ -- James A. Johnson, chairman and chief executive officer of the Federal National Mortgage Association (Fannie Mae) (NYSE: FNM), named 15 new members to the company's advisory council.
 Formed in 1971, the advisory council includes mortgage and commercial bankers, thrift industry and investment banking executives, realtors, home builders, public policy makers, and housing authority officials. Council members serve two-year terms during which they advise Fannie Mae on issues affecting the mortgage finance industry and the expansion of homeownership opportunities.
 This year's council will be chaired by James W. Nelson, chief executive officer of Eberhardt Company in Minneapolis, and former president of the Mortgage Bankers Association of America. He will serve until December 1993.
 The following new members will serve until December 1994:
 Robert "Jay" Buchert, president, American Heritage Construction & Development Corporation in Cincinnati. He is the immediate past president of the National Association of Home Builders.
 David Frank, president, Margaretten Financial Corporation, Perth Amboy, N.J.. He is chairman of the Financial Management Committee and a member of the Legislative Steering Committee of the Mortgage Bankers Association of America.
 Dorcas T. Helfant, president Coldwell Banker Helfant Realty, Inc., Virginia Beach, Va. She is a former president of the National Association of Realtors.
 Terrance G. Hodel, president and chief operating officer, North American Mortgage, Petaluma, Calif. He was a member of Fannie Mae's Western Regional Advisory Board from 1977 to 1990.
 Vincent Lane, chairman, Chicago Housing Authority. He also is president of American Community Housing Associates, Inc., a nationwide real estate development and management firm.
 Edward P. Lorenson, chairman and president, Bristol Savings Bank, Bristol, Conn. He is a member of the American Institute of Banking and has been active in the Savings Bank Association of Connecticut, where he served as the legislative chairman.
 Angelo R. Mozilo, president and chief executive officer, Countrywide Funding Corporation, Pasadena, Calif. He is immediate past president of the Mortgage Bankers Association of America.
 Earl Langdon Neal, Earl L. Neal & Associates law firm, Chicago. Neal was the commissioner of the Chicago Housing Authority from 1983 to 1987 and president of the Chicago Metropolitan Housing Development Authority from 1983 to 1988.
 Charles Reid, president and chief executive officer, United
Guaranty Corporation, Greensboro, N.C. He is president of the


Mortgage Insurance Companies of America.
 Steve J. Saiontz, president, Universal American Mortgage Company, Miami. He is a former governor of the MBA of greater Miami.
 Daniel R. Smith, chairman and chief executive officer, First of America Bank Corporation, Kalamazoo, Mich. He is the 1992-93 president-elect of the American Bankers Association.
 Ron W. Strother, chairman and chief executive officer, First Commercial Mortgage Company, Little Rock, Ark. He is a member of the Greater Little Rock Chamber of Commerce Board.
 Linda Tarr-Whelan, president and executive director, Center for Policy Alternatives, Washington, D.C. She has been involved as an advocate and government official in health care, employment, economic development, education, and women's issues for more than 20 years.
 Thomas N. "Tommy" Thompson, president, Thompson Homes, Inc., Owensboro, Ky. He is also the vice president and treasurer of the National Association of Home Builders.
 Andy Woodward, chairman, president, and chief executive officer, Fleet Mortgage Group, Inc., in Columbia, S.C. He has held this position since August 1992.
 In addition to Nelson, the following members will serve the remainder of their terms, which will expire December 1993:
 Stephen B. Ashley, chairman and chief executive officer, Sibley Mortgage Corporation, Rochester, N.Y.; Virginia Brown, manager of housing programs, Texas Veterans Land Board, Austin, Texas; William M. Daley, president and chief operating officer, Amalgamated Bank of Chicago; Robert H. Elrod, Atkins, Elrod & Company, Orlando, Fla.; C. Austin Fitts, president, The Hamilton Securities Group, Inc., Washington, D.C.; Christopher T. Gilson, immediate past president, NationsBank Mortgage Corporation, Dallas; John A. Jackson, vice president, New England region manager, Bank of Boston Mortgage Corporation; Bruce Karatz, president and chief executive officer, Kaufman and Broad Home Corporation, Los Angeles; Fred Koons, chairman and chief executive officer, Chase Home Mortgage Corporation, Tampa, Fla.; Kenneth Koranda, president, MidAmerica Federal Savings Bank, Naperville, Ill.; Howard J. Levine, president, ARCS Mortgage, Inc., Calabasas, Calif.; Walter McDonald, president, California Association of Realtors, Riverside, Calif.; Marilyn Melkonian, president, Telesis Corporation, Washington, D.C.; John C. Morris, executive vice president, Smith Barney, Harris Upham & Company, New York City; Mary L. Morris, executive vice president, CitFed Mortgage Corporation of America, Dayton, Ohio; Saiyid T. Naqvi, executive vice president, Sears Mortgage Corporation, Vernon Hills, Ill.; and Evelyn Reeves, president, National Association of Real Estate Brokers, Inc., Los Angeles.; Harley E. Rouda, owner and chief executive officer, HER Realtors, Columbus, Ohio; Martin Schwartzberg, chairman, chief executive officer, and founder, National Foundation for Affordable Housing Solutions, Rockville, Md.; Reginald J. Smith, president, United Missouri Mortgage Company, Kansas City, Mo.; Herbert Tasker, chairman and chief executive officer, All Pacific Mortgage Company, Concord, Calif.; Geoffrey Thomas, president and chief executive officer, General Motors Acceptance Corporation, Elkins Park, Pa.; Mark Ellis Tipton, The Whistler Corporation, Raleigh, N.C.; and Robert Williams, managing director, Prudential Home Mortgage Company, Clayton, Mo.
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the largest investor in U.S. home mortgages.
 -0- 3/11/93
 /CONTACT: Polly Shannon of Federal National Mortgage Association, 202-752-6707/
 (FNM)


CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU: PER

IH-KD -- DC028 -- 5187 03/11/93 15:03 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 11, 1993
Words:898
Previous Article:RTA SERVICE CHANGES BECOME EFFECTIVE MARCH 14
Next Article:CONESTOGA ROCKET PASSES KEY TEST
Topics:


Related Articles
FANNIE MAE ESTABLISHES HOUSING IMPACT ADVISORY COUNCIL; 35 COUNCIL MEMBERS NAMED
CALIFORNIA ASSOCIATION OF REALTORS PRESIDENT PAT NEAL NAMED TO FANNIE MAE NATIONAL ADVISORY COUNCIL
FANNIE MAE MAKES UNDERWRITING GUIDELINES MORE CLEAR AND FLEXIBLE TO HELP MORE FAMILIES ACHIEVE HOMEOWNERSHIP
STEPHEN B. ASHLEY NOMINATED TO FANNIE MAE BOARD OF DIRECTORS
FANNIE MAE TO OPEN ITS FIRST BI-CITY 'PARTNERSHIP OFFICE' IN KANSAS CITY TO INCREASE AFFORDABLE HOUSING OPPORTUNITIES
BARNETT MORTGAGE COMPANY CEO, FRANCIS SEABROOK NAMED TO FANNIE MAE NATIONAL ADVISORY COUNCIL
Mayor Dennis W. Archer's Weekly Public Schedule Monday, October 26 - Sunday, November 1, 1998.
PR Newswire Southern California Daybook For Wednesday, November 11.
Fannie Mae's President and COO Small to Step Down in January to Become Secretary of the Smithsonian Institution; Company Commences Search for...
FANNIE MAE GUIDELINES TO COMBAT PREDATORY LENDING.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters