Fannie Mae names Peter Akwaboah as acting CEO
Fannie Mae appoints Peter Akwaboah as acting CEO, marking a significant leadership change as current CEO Priscilla Almodovar departs.
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Ex-GSE risk chief makes case for Fannie-Freddie merger
Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.
ESG team at Fannie Mae has been terminated: sources
Multiple sources told HousingWire that the terminations took place on Friday, following a series of moves designed to limit DEI.
HUD reinstates nonprofit’s affordable housing grants after appeal
The restored Community Compass and Distressed Cities agreements allow the Cleveland-based nonprofit to resume work supporting communities facing economic hardship.
Pulte says he’s canceled $6.4M in “DEI nonsense” at Fannie and Freddie
Bill Pulte posted multiple times Monday on X about rescinding DEI policies at FHFA, and sounded off on his view of the GSEs.
Reports: Fannie Mae lays off 700 employees
Reports suggest that 700 people were laid off at Fannie Mae last Thursday and Friday, but no official announcements have been issued.
Pulte makes sweeping changes to boards of GSEs
Bill Pulte made sweeping changes to the boards of both GSEs, and will serve as chair of both of them according to new SEC filings.
FHFA releases GSEs’ three-year plans to improve housing access in underserved communities
The regulator unveiled its three-year plan for Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas.
Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention
Leasehold estates, manufactured homes and mortgage fraud are the key topics in the latest Fannie Mae Selling Guide update.