Fannie Mae Appoints Jonathan Plutzik to Board of Directors

Windsor, Alberta 11/25/2009 04:35 PM GMT (TransWorldNews)

Fannie Mae (NYSE: FNM) has appointed Jonathan Plutzik to their Board of Directors. Mr. Plutzik will serve on the company's Compensation and Risk Policy & Capital committees. Mr. Plutzik has worked at Credit Suisse Group for 24 years, he first served in the government and public finance groups prior to becoming a Global Co-Head of the Financial Institutions Group at Credit Suisse First Boston. He graduated from the Wharton School at the University of Pennsylvania with an MBA and obtained his BA from Brandeis University.

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Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

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