Robert Herz to Exit Fannie Mae’s Board of Directors

Federal National Mortgage Association (FNMA) has shared an update.

Robert H. Herz has announced his departure from the Fannie Mae Board of Directors, effective June 30, 2024, after a notable thirteen-year tenure, including a significant period as the Chair of the Audit Committee. His extended service was made possible by a waiver from the Federal Housing Finance Agency, which typically restricts board membership to a maximum of ten years or until the age of 72.

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