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Business Briefing / MORTGAGES

Fannie Mae, Freddie Mac chiefs named

September 17, 2008|From Times Wire Services

The federal government has named chairmen to oversee mortgage finance companies Fannie Mae and Freddie Mac, which were seized this month.

The Federal Housing Finance Agency said it named John Koskinen as Freddie Mac's non-executive chairman. Koskinen is a corporate restructuring expert.

The housing agency named Philip Laskawy, formerly head of accounting firm Ernst & Young, to the same role at Fannie Mae.

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