Fannie Mae Board Members Named to Savoy Magazine's 'Most Influential Black Corporate Directors' List

Rhea-AI Summary

Fannie Mae (OTCQB: FNMA) announced that board members Renee L. Glover, Karin J. Kimbrough, and Christopher Brummer have been recognized on Savoy magazine's 2021 list of Most Influential Black Corporate Directors. Glover's inclusion marks her second recognition on this list. Chairwoman Sheila C. Bair praised their contributions to Fannie Mae's mission, which focuses on providing liquidity, stability, and affordability in U.S. housing finance. CEO Hugh R. Frater acknowledged their expertise, highlighting their role in fostering a safer housing finance system.

Positive

• Recognition of board members enhances corporate reputation.
• Experienced leadership contributes to strategic insights and decision-making.

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• None.

WASHINGTON, Nov. 1, 2021 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) is proud to announce that its Board of Directors members Renee L. Glover, Karin J. Kimbrough, and Christopher Brummer have been named to Savoy magazine's 2021 Most Influential Black Corporate Directors list, which recognizes executive and business leaders active on the boards of national and global-leading corporations. It is Glover's second time on the list.

"I'm honored to serve on the Fannie Mae Board of Directors with Renee, Karin, and Chris," said Sheila C. Bair, Chairwoman of the Board, Fannie Mae. "Their contributions and guidance are immeasurable as we work in support of Fannie Mae's mission to provide liquidity, stability, and affordability for the U.S. housing finance system. Their inclusion on Savoy's Most Influential Black Corporate Directors is well-deserved."

Under the guidance of its Board of Directors, Fannie Mae strives daily to fulfill its mission to advance equitable and sustainable access to homeownership and affordable, quality rental housing, as well as foster a more inclusive workforce and housing industry that better reflects the diversity of the people it serves.

"Congratulations to our Board members for being recognized on Savoy's Most Influential Black Corporate Directors list," said Hugh R. Frater, Chief Executive Officer, Fannie Mae. "As experts in their respective fields, we deeply value their leadership and strategic insight as we continue to innovate and promote a stronger and safer housing finance system to support more opportunities for homebuyers and renters in communities throughout the nation."

For additional information about the Fannie Mae Board of Directors, including biographies, visit Board of Directors | Fannie Mae.

About Fannie Mae

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America. We partner with lenders to create housing opportunities for people across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:

fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

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SOURCE Fannie Mae

FAQ

What recognition did Fannie Mae board members receive in 2021?

Fannie Mae board members were named to Savoy magazine's 2021 Most Influential Black Corporate Directors list.

Who are the Fannie Mae board members recognized in 2021?

The recognized board members are Renee L. Glover, Karin J. Kimbrough, and Christopher Brummer.

What impact does the recognition have on Fannie Mae?

The recognition of board members can enhance Fannie Mae's corporate reputation and showcase its commitment to diversity.

How many times has Renee L. Glover been recognized on this list?

Renee L. Glover has been recognized for the second time on Savoy magazine's list.