Widow of Pharma CEO Finds Buyer for $22M Palm Beach House

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The widow of a former pharmaceuticals CEO found a buyer for their Palm Beach house asking $21.5 million after seven months on the market. It was one in a surge of luxury contracts signed in Palm Beach County last week. Buyers signed 19 contracts between Oct. 20 and Oct. 26 for luxury properties in Palm … Read more

Fannie Mae CEO Exits Abruptly as Trump Considers Taking the Mortgage Giant Public

Fannie Mae CEO Exits Abruptly as Trump Considers Taking the Mortgage Giant Public

The CEO of Fannie Mae has exited unexpectedly as President Donald Trump weighs plans to sell shares of the government-backed mortgage giant in a public offering. Fannie Mae announced the immediate departure of Priscilla Almodovar from the CEO role last Wednesday, naming COO Peter Akwaboah as the company’s acting CEO. Almodovar, 58, had led Fannie … Read more