Better Home & Finance Holding Co. announced Wednesday that it has appointed Hugh Frater, a founding partner of BlackRock and former CEO of Fannie Mae, to its board of directors as the company leans further into its Tinman AI mortgage platform.

Frater, whose role became effective March 23, brings experience spanning mortgage-backed securities (MBS), agency finance and commercial real estate lending at a time when nonbank lenders are racing to modernize underwriting and secondary market execution with automation and AI.

“Hugh has helped shape the modern housing finance system from the ground up. He’s exactly the kind of leader details ⇒

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