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8/28/2008

Fannie Mae announced departure of two top executives yesterday

Fannie Mae announced departure of two top executives yesterday
fannie
The government home mortgage company Fannie Mae yesterday announced the departure of two top executives though Daniel H. Mudd will continue to be the chief executive of the company.

The poor mortgage market situation has forced the company to appoint a team that will help the company to sustain heavy losses and to control losses.

More: Business News

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