
Fannie Mae (FNMA) appointed Peter Akwaboah as acting CEO while the board searches for a permanent replacement. The mortgage giant also promoted John Roscoe and Brandon Hamara to co-presidents, signaling a leadership overhaul pushed by its regulator, the Federal Housing Finance Agency.
Akwaboah will continue to oversee operations while working alongside the newly appointed co-presidents. The leadership transition adds near-term uncertainty around the company’s strategic direction.