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Reappointment of Five Members of the Board of Directors of the Federal National Mortgage Association

May 05, 1982

The President today announced his intention to appoint the following individuals to be members of the Board of Directors of the Federal National Mortgage Association. They are all reappointments for terms ending on the date of the annual meeting of the stockholders in 1983.

Merrill Butler is president of Butler Housing Corp. in Irvine, Calif., and Bullard Homes Corp. in Fresno, Calif. He began his homebuilding career in 1956 when he founded the Butler-Harbour Construction Co. in Anaheim, Calif. He is president of the National Association of Home Builders and is a member of the advisory committee of the Federal Home Loan Mortgage Corporation. He graduated from the University of Southern California in 1948. He is married, has three children, and resides in Corona Del Mar, Calif. He was born February 18, 1925.

James B. Coles has been engaged as a general contractor and owner and chairman of the board of James B. Coles, Inc., and the Coles Development Co., Inc., in San Diego, Calif., since 1972. He is a member of the National Association of Home Builders and serves on the executive board and board of directors of San Diego State University. He graduated from San Diego State University (B.A., 1967). He is married, has two children, and resides in Del Mar, Calif. He was born September 29, 1941.

Bert A. Getz has been president and director of the Globe Corp., a family-owned holding company in Scottsdale, Ariz., since 1959. He has also served as director of the Arizona Bank since 1970 and the First National Bank of Winnetka since 1968. He graduated from the University of Michigan (B.B.A., 1959). He is married, has three children, and resides in Scottsdale, Ariz. He was born May 7, 1937.

Dianne E. Ingels is an independent real estate broker, investor, and consultant in Colorado Springs, Colo. She was president and broker of Ingels Co. in 1976-1977. She was a partner with Smartt-Ingels and Associates, Realtors, in 1968-1975. She was appointed to the Colorado Springs Urban Renewal Commission in 1972 and was elected chairman of the commission in 1974. She graduated from the University of Colorado (B.S., 1963) and New York University (M.S., 1964). She resides in Colorado Springs, Colo., and was born August 8, 1941.

James E. Lyon is currently chairman of the board and chief executive officer of the River Oaks Bank and Trust Co., the River Oaks Financial Corp., and Ruska Instruments Corp. He also is a member of the World Business Council, American Institute of Banking, Houston Bankers Association, National Board of Realtors, Texas Real Estate Association, Houston Board of Realtors, and the Houston Home Builders Association. Mr. Lyon attended Rice University and the University of Houston. He has three children and resides in Houston, Tex. He was born August 25, 1927.

Ronald Reagan, Reappointment of Five Members of the Board of Directors of the Federal National Mortgage Association Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/245571

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