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Fannie Mae Hires JPMorgan Alum Priscilla Almodovar as CEO

Fannie Mae has named Priscilla Almodovar, a former managing director at JPMorgan, as its new CEO. So reports Affordable Housing Finance.

Fannie Mae2 280x186Almodovar takes over from David Benson, who has been interim CEO since May upon the retirement of Hugh Frater, the job’s previous occupant.

Almodovar has been president and CEO of Enterprise Community Partners, a national affordable housing nonprofit, for three years.

Read the full article from Affordable Housing Finance.

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