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Fannie Mae CEO is out, mortgage giant says in surprise announcement

USA Real Estate News-Inman - Wed, 2025-10-22 19:31
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.
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