fannie 01Fannie Mae elects former Wells Fargo mortgage head to Board of Directors


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Michael Heid to serve as an independent director.

Fannie Mae elected Michael Heid on Wednesday to be a member of its Board of Directors, but has yet to decide on which committees he will serve.

Previously, Heid served as the executive vice president of Home Lending for Wells Fargo. There, he served in several different positions at Wells Fargo Home Mortgage, the mortgage banking division at the company.

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