Currently head of Enterprise Community Partners, Priscilla Almodovar will become the first Latina to head either of the government-sponsored enterprises.
FHFA may have dealt with last year’s controversy over executive compensation at Fannie Mae, but it still has a long way to go to fix its in-house issues with executive compensation reviews.
Ian Ouwerkerk, who began running multifamily underwriting and credit for Freddie on an interim basis in the first quarter, has been promoted permanently to the job.