Timothy J. Mayopoulos has been Fannie Mae's President and Chief Executive Officer (CEO) and a member of the company's Board of Directors since 2012. Mr. Mayopoulos has played an integral role in the successful recovery of the company since the financial crisis. Mr. Mayopoulos has led Fannie Mae’s efforts to support the U.S. mortgage market, promote sustainable homeownership, and deliver important reforms to create a better housing finance system for the future. He has championed the company’s customer-centric strategy and its delivery of innovations that benefit lenders and borrowers alike. Under his leadership, the company has strengthened both its business model and its financial performance; through the second quarter of 2018, Fannie Mae has paid $167.3 billion in dividends to Treasury.
Mr. Mayopoulos brings more than 25 years of experience to his leadership post. He joined Fannie Mae in 2009 as Executive Vice President, General Counsel, and Corporate Secretary, and in 2010 he was named Chief Administrative Officer. Prior to joining Fannie Mae, Mr. Mayopoulos was Executive Vice President and General Counsel of Bank of America Corporation. Previously, he served in senior roles at Deutsche Bank, Credit Suisse First Boston, and Donaldson, Lufkin & Jenrette. He is a graduate of Cornell University and the New York University School of Law. Mr. Mayopoulos serves on the Board of Directors of Science Applications International Corporation (SAIC), a technology and engineering company headquartered in Reston, Virginia, and on the Board of Directors of Lending Club, a peer-to-peer marketplace lending company based in San Francisco, California.