David Benson, the former president of Fannie Mae (OTCQB: FNMA), is rejoining the government-sponsored enterprise in the capacity of a senior adviser. Bill Pulte, director of the Federal Housing Finance Agency (FHFA) and the self-appointed chairman of Fannie Mae, made...
Federal Housing Finance Agency Director Bill Pulte is backpedaling on his promotion of a potential initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC), raising the possibility that it could be delayed or might not happen at all....
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...
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The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...