30-06-2017 06:01 via housingwire.com

Fannie Mae: from legacy to startup

Washington, D.C. is a long, long way from Silicon Valley, and not just geographically. Bureaucrats are the opposite of entrepreneurs and a congressional charter makes it hard to move fast and break things. So, you’d be forgiven for thinking that a federal agency founded in the 1930s is the last place you’d describe using words like innovative or agile.But you’d be wrong.Defying all stereotypes, Fannie Mae’s recent actions read a lot more like a startup than a $2.8 billion
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