.jpg "Douglas Duncan") Earlier this month, Doug Duncan, chief economist at the Mortgage Bankers Association announced his decision to leave the MBA for a position at Fannie Mae.
Duncan's new position as head of the economic and mortgage market analysis department will make him Fannie Mae's principal spokesperson on the economy and the mortgage and housing markets. As "one of the most trusted sources of economic analysis on the housing industry," Duncan is expected bring experience, expertise, and leadership to his new position at Fannie Mae. After 15 years with the MBA, Duncan says it was a difficult decision to leave. However, Duncan also says, "I look forward to making a positive contribution to the ability of Fannie Mae to support the housing markets." Duncan has been a longstanding influence on the real-estate industry and prior to the MBA he has worked on Capitol Hill with Finance and Urban Affairs, the U.S Department of Agriculture's Economic Research Service, and the Committee on Banking. Duncan was also named as one of the Top 100 Most Influential People in Real Estate by Inman News. Looking forward to Duncan's addition to the Fannie Mae team, Daniel H. Mudd, president and CEO of Fannie Mae says, "Doug will provide us with critical insights so that we can better serve our partners and customers in the years ahead." Duncan will assume his position at Fannie Mae as early as April of this year. (Written by: K. Skowronski) Article Sources:
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