Fannie Mae President and CEO Priscilla Almodovar has been replaced on an interim basis by Chief Operating Officer Peter Akwaboah. FHFA Director Bill Pulte fired Freddie Mac CEO Diana Reid in March after board shakeup.
Source: Inman News
Fannie Mae CEO is out, mortgage giant says in surprise announcement
Published in Barry Habib, Bill Pulte, board of directors, Brandon Hamara, Diana Reid, executive compensation, fannie mae, Federal Housing Finance Agency, FHFA, freddie mac, Industry News, John Roscoe, JP Morgan Chase, Mark Calabria, MBS Highway, Mike Stucky, morgan stanley, Mortgage, multifamily housing, Omeed Malik, Peter Akwaboah, Priscilla Almodovar, Private Equity, public offering, Pulte Group, Ralph Cody Kittle, Regulations, RenWave Kore, Select, single-family housing and Tri Pointe Homes Inc.
More from Barry HabibMore posts in Barry Habib »
More from Bill PulteMore posts in Bill Pulte »
- Trump administration lays out 5-year goals for Fannie, Freddie
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
- Feds charge Trump nemesis Letitia James with bank fraud
- Fannie, Freddie close NY offices as Trump battles Letitia James
- Credit bureaus slam plan to cut them out of FICO score pricing
More from board of directorsMore posts in board of directors »
- Las Vegas Realtors removes incoming board member following inflammatory Charlie Kirk posts
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
- Opendoor CEO Carrie Wheeler resigns under pressure from investors, co-founder
- LoanDepot founder gets wish: Ozonian joins board after face-off
- Ben Carson joins board of directors of largest homebuilder in US
More from Brandon HamaraMore posts in Brandon Hamara »
More from Diana ReidMore posts in Diana Reid »
- If Fannie and Freddie go public, what happens to mortgage rates?
- ‘MAGA world’s premier financier’ joins Fannie Mae board of directors
- US could sweep Fannie, Freddie stakes into sovereign wealth fund
- Top Freddie Mac, FHFA executives dismissed in latest shakeup
- What’s next under President-elect Trump’s 2nd term? The economy
More from executive compensationMore posts in executive compensation »
More from fannie maeMore posts in fannie mae »
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- 2025 a banner year for mortgage deregulation and legislation
- Foreclosures are on the rise. Here’s how to lean into the shift and develop a new income stream
- Trump administration lays out 5-year goals for Fannie, Freddie
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
More from Federal Housing Finance AgencyMore posts in Federal Housing Finance Agency »
- 2025 a banner year for mortgage deregulation and legislation
- Trump administration lays out 5-year goals for Fannie, Freddie
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Feds bust real estate execs in $25.9M scheme against homeless
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
More from FHFAMore posts in FHFA »
- 2025 a banner year for mortgage deregulation and legislation
- Trump administration lays out 5-year goals for Fannie, Freddie
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
- Fannie, Freddie close NY offices as Trump battles Letitia James
More from freddie macMore posts in freddie mac »
- 2025 a banner year for mortgage deregulation and legislation
- Trump administration lays out 5-year goals for Fannie, Freddie
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
- Equifax cuts VantageScore 4.0 mortgage credit scores to $4.50
- Feds charge Trump nemesis Letitia James with bank fraud
More from Industry NewsMore posts in Industry News »
- Fathom Realty buys a ‘proven model’ for first-time homebuyers
- LoanDepot revamps leadership as it fights steering allegations
- The MLS isn’t dead yet, but brokers hedge bets with private listings
- Companies must ‘get big in order to compete’ with Compass-Anywhere
- Amit Kulkarni, Russ Cofano launch strategy firm Alloy Advisors
More from JP Morgan ChaseMore posts in JP Morgan Chase »
More from Mark CalabriaMore posts in Mark Calabria »
- New leadership expected at Fannie and Freddie’s federal regulator
- Freddie Mac celebrates 50th anniversary with multi-family milestones
- Supreme Court will hear case on Federal Housing Finance Agency
- Trump administration announces halt on foreclosures and evictions
- Fannie Mae posts $14.2B in profit in 2019 as it eyes conservatorship exit
More from MBS HighwayMore posts in MBS Highway »
More from Mike StuckyMore posts in Mike Stucky »
More from morgan stanleyMore posts in morgan stanley »
More from MortgageMore posts in Mortgage »
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Want more buyers? Choose a mortgage advisor, not a loan officer
- HomeSmart and Lower partnering on marketing, tech and mortgages
- 2025 a banner year for mortgage deregulation and legislation
- Discounts, lower mortgage rates give homebuyers deals this fall
More from multifamily housingMore posts in multifamily housing »
- Feds bust real estate execs in $25.9M scheme against homeless
- CoStar sues Zillow for ‘systematic’ copyright infringement
- Single-family permits and starts reach 11-month low in June
- California passes bipartisan bills that overhaul environmental law to bolster building starts
- Multifamily’s financial crossroads: What agents need to know
More from Omeed MalikMore posts in Omeed Malik »
- If Fannie and Freddie go public, what happens to mortgage rates?
- Senate Dems ask Pulte to put Fannie, Freddie revamp on hold
- HUD and the FHFA are changing. Here’s everything you need to know
- Trump’s interest sends shares in Fannie Mae, Freddie Mac soaring
- Democrats question legality of Fannie, Freddie board purges
More from Priscilla AlmodovarMore posts in Priscilla Almodovar »
- Fired Fannie Mae workers file discrimination, defamation suits
- ‘MAGA world’s premier financier’ joins Fannie Mae board of directors
- Fannie Mae lays off 100 workers citing unethical conduct
- Pulte chair of Fannie, Freddie after 14 board members are purged
- Fannie Mae and Freddie Mac’s net worths climb past $154B
More from Private EquityMore posts in Private Equity »
- Title insurance titan Bill Foley’s investment firm is in a proxy fight
- Compass negotiating to buy Berkshire Hathaway HomeServices
- What will Stone Point do with its investment in Keller Williams?
- Proposed sale of REcolorado to private equity firm raises alarms
- Self-tour company Rently raises cash in industry ‘ripe for disruption’
More from public offeringMore posts in public offering »
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Altisource public stock offering will pay off roughly $20M in debt
- Knock moves into 50th market, launches closing guarantee
- The Compass IPO: Everything you want to know but were afraid to ask
- From rumors to reality: The long and winding path to a Compass IPO
More from Pulte GroupMore posts in Pulte Group »
More from RegulationsMore posts in Regulations »
- How to spy on your real estate competitors (to improve your ads)
- 2025 a banner year for mortgage deregulation and legislation
- Trump administration lays out 5-year goals for Fannie, Freddie
- Supreme Court just might give REX another shot at NAR, Zillow
- LoanDepot revamps leadership as it fights steering allegations
More from RenWave KoreMore posts in RenWave Kore »
More from SelectMore posts in Select »
- Revive amps up AI capabilities in bet on renovation market
- How to spy on your real estate competitors (to improve your ads)
- What should real estate agents do if the US plunges into a recession?
- Veronica Figueroa dismissed from KW recruitment suit, announces eXp Culture Center
- Mortgage rates just hit a new 2025 low. They might be stuck there.
More from single-family housingMore posts in single-family housing »
- Feds bust real estate execs in $25.9M scheme against homeless
- CoStar sues Zillow for ‘systematic’ copyright infringement
- Single-family permits and starts reach 11-month low in June
- Builders pull back from new construction once again in April
- Nebraska attempts to stave off housing crisis with upzoning plan
Be First to Comment