Fannie Mae guts ethics and internal investigations unit: WSJ report

A dozen officials in Fannie Mae’s ethics and internal investigations unit were among 62 people fired on Thursday, “The Wall Street Journal” reports, citing anonymous sources. Continue reading

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

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. Continue reading

Las Vegas Realtors removes incoming board member following inflammatory Charlie Kirk posts

Mark Sivek was due to become a member of the association’s Board of Directors in 2026, but was removed from all appointed positions after posting derogatory remarks on social media about late conservative activist Charlie Kirk. Continue reading

Opendoor announces new CEO: Shopify’s Kaz Nejatian

Nejatian has a background as a lawyer, and most recently helped build teams and products at Shopify since 2019. His appointment follows Carrie Wheeler’s resignation last month. Continue reading

Opendoor CEO Carrie Wheeler resigns under pressure from investors, co-founder

After months of investor criticism, Carrie Wheeler has resigned as Opendoor CEO. A search for a new CEO is now underway as Shrisha Radhakrishna takes the reins in the interim. Continue reading

LoanDepot founder gets wish: Ozonian joins board after face-off

The settlement with loanDepot founder Anthony Hsieh ends a proxy fight that broke out in February after Hsieh was ousted as loanDepot’s executive chairman. Continue reading

Ben Caron joins board of directors of largest homebuilder in US

The largest homebuilder in America, D.R. Horton, announced it appointed former HUD Secretary Ben Carson to its board of directors. Continue reading

Realogy appoints first black board member

Felicia Williams is a veteran executive from retailer Macy’s. She’ll serve on the Realogy board’s audit committee. Continue reading

Bridgewater co-CEO Eileen Murray joins Compass’ board of directors

Eileen Murray, a veteran of Bridgewater Associates, Credit Suisse and Morgan Stanley, is the second independent appointment to the company’s board of directors. Continue reading