realestate

Fannie Mae sees leadership shift; Zillow appoints new chief economist

Fannie Mae's Priscilla Almodovar replaced by trio of executives. Mischa Fisher will lead Zillow’s economic team.

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annie Mae’s top spot has been reshuffled: President‑CEO Priscilla Almodovar stepped down, and the agency’s leadership is now shared by three executives. COO Peter Akwaboah will serve as acting CEO while the board searches for a permanent replacement. Two new co‑presidents have joined the helm: John Roscoe, former EVP of operations and public relations, and Brandon Hamara, a Tri Pointe Homes executive who also sits on Freddie Mac’s board and recently joined Fannie Mae’s board. Federal Housing Finance Agency Director Bill Pulte announced the changes on October 22, praising Almodovar’s service and noting Akwaboah’s 30‑year financial background as a “perfect fit” for the interim role. Pulte highlighted the trio’s experience as a “deep bench” that will strengthen Fannie Mae’s stability and growth. This move follows Pulte’s March overhaul of the GSE boards, which saw 14 members removed and seven new ones added, and the replacement of Freddie Mac CEO Diana Reid with president Mike Hutchins.

    Zillow has named Mischa Fisher its new chief economist. Fisher brings a blend of academic and industry experience: he taught data science at Northwestern, led product analytics at Udemy, and held chief economist positions at Angi and the state of Illinois, advising former Governor Bruce Rauner. He also served as a congressional advisor and legislative director in Washington. In a LinkedIn post, Fisher expressed enthusiasm for joining Zillow, noting the unique intersection of personal homes and macroeconomic forces. He promised the team will illuminate housing, labor, and consumer trends in the coming year.

Fannie Mae leadership shift, Zillow appoints new chief economist.