Fannie Mae Executive Vice President to Address The Houston Forum

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Aug 24, 2010, 10:47 ET

HOUSTON, Aug. 24 /PRNewswire-FirstCall/ -- Ken Bacon, Executive Vice President, Housing & Community Development, will address The Houston Forum and discuss Fannie Mae's (OTC Bulletin Board: FNMA) emergency response and efforts to assist housing recovery following the Katrina, Rita and Ike hurricanes.

A Houston native, Bacon will provide attendees a thoughtful assessment of rebuilding efforts from the perspective of the nation's largest investor in housing. Bacon will also discuss how the housing sectors in Texas and the Gulf Coast have recovered following these natural disasters and what business lessons have been learned that can expedite the recovery of housing in the wake of future disasters.

In addition to leading Fannie Mae's emergency hurricane response, Bacon was also responsible for managing $78 billion in mortgage and other investments related to recovery from the storms.


WHO:	Ken Bacon, Executive Vice President of Housing & Community Development, Fannie Mae

WHAT:	Recognized as one of the nation's premier speaking platforms, The Houston Forum attracts top executives, political leaders and other notables to engage with the greater Houston community.

WHEN:	August 26, 2010
	11:30 AM – 1:30 PM

WHERE:	InterContinental Hotel Houston (Near the Galleria)
	2222 West Loop South
	Houston, TX 77027

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

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SOURCE Fannie Mae