MBA’s Doug Duncan Joins Fannie Mae
- Feb 27, 2008
Washington, D.C.– Doug Duncan, senior vice president and chief economist at the Mortgage Bankers Association, has joined Fannie Mae as its vice president and chief economist, where he will lead Fannie Mae’s Economics and Mortgage Market Analysis Department within the company’s Business Strategy Group. He will join the company in April.As chief economist at Fannie Mae, Duncan will be responsible for providing all forecasts and analyses on the economy, housing and mortgage markets for the company, and will work with the rest of the company’s Business Strategy Group to provide insights regarding external business dynamics and the broader economic environment. He will provide regular economic commentary and serve as a primary spokesperson on the economy and the housing and mortgage markets for the company. Jonathan L. Kempner, MBA president and CEO, commented on Doug’s departure in a statement: “Over the past 15 years, MBA has become one of the most trusted sources of economic analysis on the housing industry. Doug Duncan has been a major reason why. With his balanced and levelheaded approach, Doug has become a household name for anyone trying to understand the dynamics of the real estate market. For that reason, he will of course be sorely missed. “I am very excited for Doug and this new opportunity. At the same time, I lament losing his expertise and counsel on which we have come to rely. But MBA’s loss is Fannie Mae’s gain and I am buoyed by the fact that America’s housing industry will continue to benefit from Doug’s talents.”Daniel H. Mudd, president and CEO of Fannie Mae, says, “Doug’s deep background in mortgage and housing market research, his impressive economic analysis credentials, and senior leadership experience are the perfect fit for his new role.”Duncan has been listed in the “Top 100 Most Influential People in Real Estate” by Inman News, a real estate news service and content provider.