In Brief: Fannie Names Incoming ABA President to Panel

James M. Culberson, president-elect of the American Bankers Association, has been named to the national advisory council of the Federal National Mortgage Association, known as Fannie Mae.

He is also chairman of First National Bank and Trust Co., Asheboro, N. C.

The council is a forum in which executives from all segments of the mortgage finance system address issues facing Fannie Mae and the nation's housing system.

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