Posted 3/20/2024, 12:38:36 PM
Fannie Mae CEO Almodovar: Supporting Evolving Paths to Homeownership While Managing Risk
- Fannie Mae CEO Priscilla Almodovar has been responsible for 1 in 4 U.S. mortgages since a young age, she knew she'd be a leader
- Almodovar says she learned to be a "risk manager" from JPMorgan Chase CEO Jamie Dimon
- Fannie Mae aims to provide liquidity in the housing market and lower interest rates for homeowners
- The company has taken steps to support renters by allowing rental payments to help qualify them to buy homes
- Almodovar says the American dream of homeownership is still alive, but people's housing needs are evolving