Fannie Mae (OTCQB: FNMA) announced the appointment of Chief Operating Officer Peter Akwaboah as acting CEO. He replaces Priscilla Almodovar, who served as chief executive since her appointment by then-President Biden in 2022 and took on the additional title of...
A Phil Hall Op-Ed: Earlier this morning, the Federal Housing Finance Agency (FHFA) sent out a brief press statement with the headline: “US Federal Housing Announces Director Pulte Will Donate 100% of His Salary to Wounded Veterans.” The press statement began with this...
Bill Pulte has taken on a new role as part of his Federal Housing Finance Agency director – he is now doing investor relation pitches for a potential initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a series of posts on his...
The Federal Housing Finance Agency (FHFA) has put out a call for public input on its proposed Strategic Plan for Fiscal Years 2026–2030. The agency stated it is seeking ideas and feedback on three strategic goals: the oversight of Fannie Mae and Freddie Mac, the...
New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia. “No one is above the law,” said Lindsey Halligan, the interim US Attorney for the Eastern District of...