In Brief: Fannie Mae Foundation Names President-CEO

Ann Marie Wheelock was appointed president and chief executive officer of the Fannie Mae Foundation earlier this month.

John McIlwain, the former president and CEO, left the foundation to take a position as senior managing director of the American Communities Fund at Fannie Mae. The foundation said it had distributed $26 million of grants and approved 27 new loans during Mr. McIlwain's tenure.

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