Former Fannie Mae President David Benson Joins Opendoor Board

## Former Fannie Mae President David Benson Joins Opendoor Board ### Benson Brings Decades of Mortgage and Housing Experience to the Leading Online Real Estate Platform *David Benson, the former president of Fannie Mae, has joined the board of directors of Opendoor, the leading online real estate platform.* Benson brings decades of experience in the mortgage and housing industry to Opendoor, which is revolutionizing the way people buy and sell homes. Benson served as president of Fannie Mae from 2019 to 2021. During his tenure, he led the company through the COVID-19 pandemic and oversaw the implementation of several key initiatives, including the launch of Fannie Mae's new single-family mortgage program, HomeReady. Prior to joining Fannie Mae, Benson was the president and CEO of the Mortgage Bankers Association (MBA), the leading trade association for the real estate finance industry. ### Benson's appointment to the Opendoor board is a major coup for the company, which has been rapidly expanding its operations in recent years. Opendoor is now the largest iBuyer in the United States, and it has plans to expand into new markets in the coming years. Benson's experience and expertise will be invaluable to Opendoor as it continues to grow and innovate. ### In a statement, Benson said that he was "excited to join the Opendoor team and help the company continue to transform the real estate industry." He added that "Opendoor's mission to make buying and selling homes easier and more efficient is one that I am passionate about." ### Benson's appointment to the Opendoor board is a sign of the company's commitment to innovation and growth. With Benson's help, Opendoor is well-positioned to continue its rapid expansion and become the leading online real estate platform in the world.