Fannie Mae has announced that Priscilla Almodovar, presently the government-sponsored enterprise’s CEO, will assume the additional title of president upon the retirement of David C. Benson. Additionally, Terry Theologides, who currently serves as general counsel for Fannie, will succeed Jeffery Hayward as chief administrative officer upon Hayward’s upcoming retirement.
The Federal Home Loan Bank of New York (FHLBNY) announced that Larry E. Thompson was elected by its board of directors to serve as chair for a two-year term that will commence on Jan. 1, 2024. Thompson, who is the former vice chairman of The Depository Trust & Clearing Corp., has served on the FHLBNY board as an independent director since 2014. He currently serves as the board’s vice chair and as chair of the board’s risk committee.
The American Association of Private Lenders (AAPL) announced the appointment of Linda Hyde as its new president. Hyde came into the association as member relations coordinator in 2013, rising through the ranks to director of operations in 2014 before her most recent appointment to managing director in 2016.
CV3 Financial Services appointed Robert Callaway as chief financial officer and Ken Jacobson as senior vice president of capital markets. Callaway brings to more than a decade of experience in financial operations to CV3, including executive roles at April Housing, Invitation Homes, Wedgewood Inc. and Kilroy Realty Corp. Prior to joining CV3, Jacobson served as vice president of capital markets at Civic Financial Services. Previously, he served on the Wedgewood capital markets team.
Mobility Market Intelligence (MMI) announced that Brian McKray was promoted to vice president of product. McKray joined MMI in March as its director of product.