Fannie Mae execs see path to exit conservatorship Net worth increased to $25 billion in a year of historic volumes
I firmly believe that a responsible exit from conservatorship and the recapitalization of Fannie Mae is the best way to support our mission to serve America’s housing needs for future generations, protecting the taxpayer and creating a substantial layer of loss absorbing capital,” said Fannie Mae CEO Hugh Frater.
“We continue to believe that a Fannie Mae that is reformed, well regulated, capitalized and out of conservatorship, thus serve the needs and interests of our nation’s housing markets and our housing mission,” Frater said.