Fannie Mae names new head of single family and acting general counsel

"Elevating experienced and trusted leaders like Jake and Tom to these roles will help us quickly build upon our rock-solid foundation. I look forward to working with them, said Akwaboah. Pulte thanked outgoing executives Evans and Danielle McCoy, the departing general counsel, for their years of service. We greatly appreciate Malloy and Danielle for their contributions and wish them the best in their future endeavors, he said."

"Serving Fannie Mae Single-Family over the years has been a true honor. I could not be more proud of the foundation we have laid for the company and for America's homeowners. Thank you to the Fannie Mae team, Chairman Pulte, and all of our business partners. I am confident in this experienced team moving forward and know the company will continue achieving great things, said Evans."

Fannie Mae elevated two long-tenured executives into senior roles. Williamson, who has been with the company nearly two decades and previously served as senior vice president for single-family collateral risk, will report to co-president Brandon Hamara and succeeds Malloy Evans. Klein, a 20-year veteran of the legal department who most recently served as enterprise deputy general counsel, will report to acting CEO and COO Peter Akwaboah. Akwaboah was named acting CEO on Wednesday. Chairman Pulte thanked outgoing executives Malloy Evans and Danielle McCoy for their years of service. Priscilla Almodovar has departed, and an 8-K filing dated Oct. 22 documents her agreement and general release. Fannie Mae and Freddie Mac are rumored to potentially go public by the end of 2025.

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