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

Pulte: Let Fannie and Freddie count homebuyers’ crypto assets

Head of Fannie Mae and Freddie Mac’s federal regulator says mortgage giants should consider what risk mitigation might be required when counting mortgage borrowers’ crypto holdings as an asset, “including adjustments for market volatility.” Continue reading

Trump’s 1st 100 days in office and its impact on real estate

What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading