Fannie Mae has appointed Douglas G. Duncan vice president and chief economist. In this role, Duncan will lead Fannie Mae's economics and mortgage market analysis department within the company's business strategy group. He will be responsible for providing all forecasts and analyses on the economy, housing and mortgage markets for the company, as well as regular economic commentary.
Duncan comes to Fannie Mae from the Mortgage Bankers Association (MBA), where he has served as senior vice president and chief economist since 2000. He served as a primary spokesperson on economic and mortgage market developments and performance for the MBA – which represents 3,000 companies that make the majority of all residential, multifamily and commercial real estate loans in the U.S.
Prior to joining the MBA in 1992, Duncan worked on Capitol Hill as a LEGIS Fellow and staff member on the Committee on Banking, Finance and Urban Affairs, and at the U.S Department of Agriculture's Economic Research Service.