premeeting intelligence for:

Priscilla Almodovar

,

Chief Executive Officer at Fannie Mae

Priscilla Almodovar

Chief Executive Officer at Fannie Mae
Decisive
Assertive
Fast-Paced
Determined
Persuasive
Ambitious
Dynamic
Visionary
Spontaneous
Pioneering
Adventurous
Casual
Enthusiastic
Personable
Adaptable
Optimistic
Inventive
Approachable
Warm
Hospitable
Intuitive
Friendly
Accommodating
Diplomatic
Composed
Thoughtful
Agreeable
Careful
Modest
Consistent
Conscientious
Perceptive
Calm
Diligent
Meticulous
Collected
Accurate
Rational
Reserved
Strong-willed
Skeptical
Straightforward
Efficient
Candid
Steadfast
Focused
Vigorous
Persistent
Location:
Washington, Columbia, United States
Education:
Columbia University - Juris Doctor
Overview:
  • Priscilla Almodovar, serving as Chief Executive Officer of Fannie Mae since December 2022, leads the organization through complex housing market dynamics, particularly addressing challenges related to credit and affordability.
  • With a career spanning over 3 decades, including roles at JPMorgan Chase & Co. where she served as Managing Director & Head of Real Estate Banking, Almodovar brings extensive expertise to her current position.
  • Previously, as President and CEO of Enterprise Community Partners from September 2019 to December 2022, she demonstrated her commitment to community development and real estate banking.
Quotes

ON LEADERSHIP...

“I always, even from a young age, thought I would be leading something.” - source

DIVERGENT HOUSING DYNAMICS...

"It’s a tale of two housing markets with buyers and sellers at opposite ends." - source

ON CAREER GROWTH..

"When I was in elementary school, I actually carried a briefcase. I didn’t know that I wanted to be a CEO exactly, but I knew I wanted to have a career outside the home, to contribute and to have an impact." - source

DISC Type:
Captain (D)
DISC Type:
Driver (Di)
DISC Type:
Initiator (DI)
DISC Type:
Influencer (Id)
DISC Type:
Motivator (I)
DISC Type:
Encourager (Is)
DISC Type:
Harmonizer (IS)
DISC Type:
Counselor (Si)
DISC Type:
Supporter (S)
DISC Type:
Planner (Sc)
DISC Type:
Stabilizer (SC)
DISC Type:
Editor (Cs)
DISC Type:
Analyst (C)
DISC Type:
Skeptic (Cd)
DISC Type:
Questioner
DISC Type:
Architect (Dc)
How to communicate
Focus on their need for control and results, be direct and to the point.
Do
Provide specific details about the product's features and benefits
Highlight how the product will solve their problems and make their life easier
Don't
Beat around the bush or offer vague information
Be too pushy or salesy
When communicating with them, focus on being direct, confident, and results-oriented.
Do
Speak in a fast-paced, confident tone
Focus on the bottom line and how your product can help them achieve their goals
Don't
Use too much jargon or technical language
Waste time on small talk or irrelevant details
Focus on big ideas, big concepts, and fast action over analysis.
Do
Use a direct and assertive tone
Emphasize results and benefits over features
Don't
Use overly flowery language or too many details
Be pushy or aggressive
Communicate with energy and a lively approach. Engage them by communicating clearly and vividly.
Do
Use inspiring language and be enthusiastic
Show them how the product can enhance their social status or reputation
Don't
Be too technical or confusing
Focus solely on features without considering how it can improve their life
Communicate in a friendly, casual manner and highlight the benefits of the product. Avoid criticism or confrontation.
Do
Use a light-hearted approach to build rapport
Highlight how the product can benefit their life or work
Don't
Be overly critical or confrontational
Use overly technical or confusing language
Interact with them in a friendly, agreeable manner with a light-hearted approach. Avoid criticism and confrontation.
Do
Wrap your pitch with positivity and emotional language
Include personalized, warm greetings and sincere sign off
Don't
Use forceful or high-pressure language
Talk too much about past experience without explaining the important insights
Focus on building a personal relationship and finding common ground. Speak positively and offer reassurance about the product.
Do
Engage them in conversation and find out their interests and concerns
Offer personalized recommendations and highlight how the product can meet their needs
Don't
Push too hard or use aggressive sales tactics
Dismiss or minimize their concerns or objections
Provide detailed information and use a friendly, personal tone
Do
Explain how your product can meet their specific needs
Use stories or examples that they can relate to
Don't
Use technical language or jargon
Push for a quick decision without building rapport first
Provide a warm, friendly greeting and use positive, upbeat language. Focus on building a relationship and show acceptance for who they are.
Do
Use friendly, expressive language
Refer to common interests and associations
Don't
Use a serious, businesslike tone
Bring up your flaws before they do
Focus on building a relationship and connecting with them on a personal level.
Do
Use a warm, friendly tone
Ask about their interests and hobbies
Don't
Use overly technical language
Pressure them into making a decision
Be friendly and focus on building a relationship with them. Use a light-hearted approach and avoid criticism or confrontation.
Do
Focus on building a friendly relationship
Validate their opinions and approach with positive language
Don't
Use forceful or high-pressure language
Force an aggressive sales pitch
Use a straightforward and logical approach when communicating with them
Do
Provide data and logical reasoning to support your claims
Use clear and concise language
Don't
Use overly expressive or emotional language
Use lots of anecdotes or storytelling
Use a serious, businesslike tone and focus on details, data, and results.
Do
Focus on their toughest problems.
Send additional data to support your pitch
Don't
Bring up your flaws before they do
Be unrealistically optimistic
Focus on providing logical reasoning and factual information. Be patient and answer their questions with clear and concise responses.
Do
Provide data-driven reasons for your product
Answer their questions with a well-thought-out response
Don't
Use overly expressive language
Speak in an overly casual manner
Focus on concrete data, specifics, and logistics. Avoid fluffy language and hype.
Do
Provide clear data and statistics to support the product
Present a clear, logical argument for why the product is worth investing in
Don't
Spend too much time on abstract concepts or big ideas
Get sidetracked with small details or anecdotes
When communicating with them, focus on being clear, concise, and results-oriented.
Do
Provide clear and concise information about the product and its benefits
Focus on results and practical details
Don't
Use overly descriptive or flowery language
Waste time on social chatter or small talk
Executive priorities
  • Sustainable Housing: Priscilla Almodovar focuses on innovative, sustainable housing solutions.
  • Community Engagement: She fosters inclusive access to housing through strong community partnerships.
  • Financial Resilience: Prioritizes fiscal responsibility and risk management strategies.
  • Diverse Leadership: Champions diversity for innovation and success in housing.
Media
Goldman Sachs

Fannie Mae’s Priscilla Almodovar on strengthening the US housing system

In a conversation with Goldman Sachs’ Megan Hogan, Fannie Mae CEO Priscilla Almodovar discusses her career journey.

Affordable Housing Finance

Almodovar Named CEO of Fannie Mae

Priscilla Almodovar has been appointed CEO of Fannie Mae, effective Dec. 5. She will also be on the board of directors at the government-sponsored enterprise.

Fortune

Fannie Mae CEO says she never considered her gender as an obstacle when working on Wall Street; “I just did my job and did it well”

Priscilla Almodovar, CEO of housing giant Fannie Mae, and the only Latina CEO running a Fortune 500 company, talks about her experience on Wall Street.

Personality traits
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Risk-Tolerant
Risk-Averse
Trusting
Skeptical
Optimistic
Pragmatic
Deliberate
Fast-Paced
Matter-Of-Fact
Expressive
Autonomous
Collaborative
Supporting
Dominant
Build rapport
  • Be concise and to the point
  • Speak with confident language
  • Ask what they want from the call
Gather information
  • Get through the most important questions up front
  • Learn about their team's current efficiency
  • Learn what their competition is doing
Discuss budget
  • Allow some room for them to negotiate
  • Compare your pricing with competitors
  • Explain how they can save more money in the future
Drive action
  • Focus on the advantages they will gain
  • Explain how taking action will help them make progress
  • Point out the challenges they will face
Negotiate
  • End the discussion and revisit it later if they are being too firm
  • Challenge both parties to come up with a better solution
  • Articulate your personal and mutual goals clearly
Work together
  • Give them a deadline for answering
  • Resist the temptation to apologize
  • Ask them outright

Fannie Mae

Fannie Mae enables equitable homeownership and affordable rental housing nationwide, offering mortgage financing solutions and promoting stability in the housing market.
Industry:
Diversified Financials
Headquarters:
Washington, Columbia, United States
Revenue:
$17.40B
Employees:
8,000

How to negotiate

Keep the discussion casual, but be prepared for candid pushback, at times.
Keep your demo concise and to the point
Keep your demo concise and to the point
Keep your demo concise and to the point
Company Milestones
  • 1938: Fannie Mae founded for affordable mortgages.
  • 1968: Becomes government-sponsored to support housing.
  • 1970: Introduces mortgage-backed securities.
  • 2008: Government conservatorship during crisis.
  • 2020: Exceeds $3 trillion in mortgage securities.

Demo your product

Notice how he uses your product and let him have fun trial-and-erroring on his own.
Keep your demo concise and to the point
Keep your demo concise and to the point
Top Products
  • Mortgage-Backed Securities: Stable returns backed by mortgages.
  • Guarantees: Timely payments foster liquidity.
  • Technology: Desktop Underwriter streamlines processes.
  • Affordable Housing: Supports underserved communities.
Key Executives
Company Stock Performance
Key News
The Washington Post

The Future Reset: Closing the Racial Wealth Gap

This discrimination has had cumulative, multi-generational consequences that directly impact inheritance. But it also profoundly affects education, employment, income, and health.

Dec, 2020

Forbes

Fannie Mae's Embrace Of Attorney Letters Threatens To Undo Reforms

Fifteen years ago, Fannie Maand Freddie Mac lost tens of billions of dollars and played a key role in the financial crisis.

Oct, 2023

CNBC

Fannie Mae CEO Priscilla Almodovar on Breaking Barriers

Fannie Mae owns nearly 1 in 4 U.S. mortgages. Priscilla Almodovar, its CEO, is the only current Latina CEO in the Fortune 500.

Oct, 2023

Bloomberg

Fannie’s CEO Contemplates a Future After Government Conservatorship

Fannie Mae's CEO, Priscilla Almodovar, questions the permanence of conservatorship, citing its prolonged status since the 2008 financial crisis.

Jan, 2024

Competitive Landscape
Annual Revenue:
$17.40B
  • Fannie Mae is th largest US company, with $4.3T in assets.
  • Revenue was $17.4B in 2023, reinforcing financial stability.
  • Focused on affordable housing through mortgage financing solutions.
Annual Revenue:
$171.91B
  • UWM, the top wholesale mortgage lender, boasts over $12 billion in assets.
  • They focus on processing a high volume of loans, originating $27.6 billion in Q1 2024 alone.
  • They achieve this by partnering with independent mortgage brokers.
Annual Revenue:
$78.50B
  • Rocket Mortgage, a fintech giant, boasts $5.8 billion in revenue for 2022.
  • They focus on technology-driven mortgages, offering a streamlined experience for homebuyers.
  • Their goal is to capture a larger share of the home purchase market and become a one-stop shop for all things homeownership.
Annual Revenue:
$239.42B
  • Fairway Independent Mortgage Corporation is a full-service mortgage lender with a national presence.
  • They offer a variety of loan options, including government-backed programs (FHA, VA, USDA) and conventional loans.
  • Their focus is on customer service, aiming to find the best rates and provide a smooth loan process for borrowers.

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