WSJ Markets21 Aug, 20:11wsj.com

Fannie Mae Hit by Turmoil in Senior Ranks as Roughly 12 Executives Are Let Go

The departures are raising concerns about stability inside the government mortgage giant.

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Turmoil and executive departures at Fannie Mae raise questions about operational continuity and execution risk at a systemically critical mortgage finance institution.

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Fannie MaeFNMAExecutive departures create near-term execution risk and potential operational disruptions at a mortgage finance giant critical to U.S. housing credit flow.

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