Former Fannie Mae Chief Heads Firm

Mark J. Riedy, former president of the Federal National Mortgage Assn., has been named president and chief operating officer of Alexandria, Va.-based J. E. Robert Cos.

Riedy was an executive at the Mortgage Bankers Assn. of America for eight years before he joined Fannie Mae in January, 1985. J. E. Robert helps investors and regulators to seek profits from financially distressed real estate.