75.1 F
Laguna Hills
Tuesday, Jun 16, 2026

Ex-Fannie CEO Apologizes, Faults Business Model

The former chief of Fannie Mae, the giant firm that dominates America’s deeply troubled housing finance system, apologized and accepted responsibility on Friday for its failings.

*For more on this story, read the full Reuters article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Weekly in-depth coverage in print and digital formats
  • Special Features: OC's Wealthiest, Top Priced Home Sales, Giving Guide, OC500, Charity Event Guide, Best Places to Work, Indispensables, Largest Charitable Gifts
  • The annual Book of Lists: Orange County's top companies across every industry

Featured Articles

Related Articles