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.
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