Former Fannie Mae chief executive Michael Williams has been appointed to chair the board of directors of Prospect Mortgage LLC.

Williams, who left Fannie Mae earlier this year after more than two decades in various roles at the company, joins a mortgage origination firm that rose from the ashes of failed lender IndyMac.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.