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