FHFA Declares: New GSE CEOs Won’t Make More Than $500K

The Federal Housing Finance Agency Friday declared that the new CEOs of Fannie Mae and Freddie Mac — whoever that person might be — will earn no more than $500,000 per year, a major reduction in pay from the current job holders.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_555/fhfa-500k-cap-on-gse-ceo-salary-1029277-1.html

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