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The Walker Webcast
Priscilla Almodovar, President and Chief Executive Officer of Fannie Mae
Sep 5, 2024
Priscilla Almodovar, President and CEO of Fannie Mae, shares her deep commitment to creating an accessible housing market for all, particularly the 'credit invisible.' She discusses her diverse career path, from law to housing finance, and how her experiences shape her vision for affordable housing. Almodovar also dives into mortgage rate predictions and the strategic initiatives Fannie Mae is implementing to tackle the affordability crisis. Her insights emphasize the importance of innovation and collaboration in transforming communities and ensuring stability in housing.
01:03:25
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Quick takeaways
- Priscilla Almodovar highlights the importance of creating an inclusive housing market for the 'credit invisible' population in America.
- The complexities of affordable housing development are exacerbated by rising costs and regulatory challenges, demanding innovative solutions.
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Celebrating Milestones and Challenges
The episode marks the 200th webcast hosted by Willie Walker, where he expresses his gratitude to the team and highlights the consistent value of the expert guests, including Priscilla Almodovar, CEO of Fannie Mae. This milestone is celebrated alongside a tragic incident that emphasizes the need for safer public spaces for cyclists and runners, representing a shared loss within the biking community. Walker acknowledges the recent uptick in commercial real estate activity as investors return to the market due to anticipated rate cuts and more stable mortgage rates. This context points to a gradual recovery in the industry after the previous tightening period.
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Discover
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