Federal National Mortgage Association (FNMA) has issued an update.
Fannie Mae has announced the appointment of Dr. Diane N. Lye to its Board of Directors, effective May 10, 2024. With a rich background in data science and technology, Dr. Lye brings over three decades of experience from high-profile roles at companies like Rivian Automotive and Capital One. Her directorship is set until the next board election or until any earlier resignation or removal. Dr. Lye’s compensation aligns with the details outlined in Fannie Mae’s latest annual report, and she will also enter into an indemnification agreement with the institution.
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