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FHFA IG Ousted; More Layoffs at Fannie Mae

November 7, 2025
Dennis Hollier
The administration’s firing of FHFA’s acting inspector general comes on the heels of the departure of several GSE executives and news that most of the ethics and internal investigations team at Fannie have been laid off.
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Fannie Mae Looking for New CEO With C-Suite Shuffle

October 30, 2025
Dennis Hollier
The prospects of a year-end stock offering didn’t prevent the wholesale reshuffle in Fannie Mae leadership.
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Almodovar Out; Fannie Names Akwaboah as Acting CEO

October 24, 2025
Dennis Hollier
Fannie Mae Chief Operating Officer Peter Akwaboah will serve as acting CEO, pending a search for Priscilla Almodovar’s successor. EVPs Brandon Hamara and John Roscoe will serve as co-presidents.
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GSE Roundup

October 10, 2025
Dennis Hollier
Freddie board member jumps to Fannie board; a week of CAS and STACR tender offers; and seller/servicer guidance for the shutdown.
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FHFA Appeals Verdict in GSE Shareholder Lawsuit

September 26, 2025
Dennis Hollier
The agency is appealing a jury verdict awarded to GSE shareholders for losses related to the net worth sweep. FHFA is also facing a lawsuit tied to an untimely response to a FOIA request.
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GSE Roundup

September 26, 2025
Brandon Ivey
Michael Hutchins agrees to extend term at Freddie; new general counsel at Freddie; senator seeks answers on FHLBank reform efforts; former FHFA chief operating officer loses appeal.
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Fannie Mae Hit With Class-Action Over Employee Terminations

August 1, 2025
Dennis Hollier
A group of U.S. citizens of Indian background sued Fannie Mae for discrimination after being terminated for alleged unethical behavior in relation to the company’s charitable grants program.
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GSE Roundup

August 1, 2025
Dennis Hollier
Republican lawmakers support CRT; Barry Habib joins Fannie board; CBO evaluates impacts of ending the conservatorship.
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GSE Roundup

July 18, 2025
Dennis Hollier
More access to Freddie’s CPA; taking Republic Mortgage Insurance off the books; new CEO for FHLB-OF; Calabria gets a new gig.
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GSE Roundup

July 3, 2025
Dennis Hollier
New standards tied to Bank Secrecy Act; UCD testing environment; servicing updates planned; Pulte makes crypto announcement; DeVito surfaces at NVR.
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