LOS ANGELES, May 31 /PRNewswire/ -- Fannie Mae (NYSE: FNM) today announced the opening of its new Los Angeles Partnership Office. Barbara Zeidman, former assistant general manager of the Los Angeles Housing Department, was named partnership office director. The new office opens as part of Fannie Mae's "House Los Angeles" initiative, a five-year, $3.3 billion investment plan to increase affordable housing in the city of Los Angeles.

"Fannie Mae has shown its commitment to Los Angeles through its aggressive House Los Angeles initiative," said Mayor Richard Riordan. ...

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