Troubled mortgage financer Fannie Mae has announced that former Credit Suisse First Boston executive Eric Schuppenhauer will join the company as senior vice president of accounting policy.

"We continue to make steady progress in building out Fannie Mae's senior management team to provide our company with leadership bench strength to serve the market, our customers, and our stakeholders," said Fannie Mae's president and chief executive, Daniel Mudd, in a statement. "As we make progress on our financial restatement and seek to meet new business challenges ahead, we welcome Eric to our team."

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