Las Vegas, NV -- (SBWIRE) -- 09/16/2013 -- Federal National Mortgage Association (OTCBB:FNMA) appointed Terence W. Edwards whose age is 58 as Executive Vice President and Chief Operating Officer of the company on 13th September, 2013.
Before Terence W. Edwards was appointed the Executive Vice President and Chief Operating Officer of Fannie Mae, he served as Executive Vice President-Credit Portfolio Management of the company, a position he held since September 2009, when he joined Fannie Mae.
The responsibility of Terence W. Edwards as CEO is to oversee the execution of the company’s key strategic initiatives and his responsibility for the credit portfolio management organization is retained. Before joining Fannie Mae, Mr. Edwards served as the President and Chief Executive Officer of PHH Corporation which is a leading outsource provider of mortgage and fleet management services and he was also a member of the Board of Directors of PHH Corporation.
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