Calls For The Sacking Of Ed DeMarco Reaching Fever Pitch
“Ensuring that FHFA implements Congressional directives to support the most liquid, efficient, competitive, and resilient housing finance markets is a matter of national urgency, For these reasons, we...
View ArticleMultifamily Finance Industry Caught By Surprise In Govt.'s Rollback …
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View ArticleNo progress to resolve Fannie, Freddie mess | HSH Financial News …
That's according to Ed DeMarco, acting director of the Federal Housing Finance Agency (FHFA), which has oversight responsibility for the two government-sponsored mortgage corporations or “Enterprises.”...
View ArticleFHFA Sets No-Doc Modifications for Borrowers
The move announced today by the Federal Housing Finance Agency is designed to stem losses to the U.S.-owned firms by letting borrowers at least 90 days behind on their loans bypass the administrative...
View ArticleFHFA: Housing Market Showing Promising Signs | Realtor Magazine
The economy isn't back to normal quite yet, but “we are seeing signs of recovery in the housing market across a number of dimensions,” Edward DeMarco, acting director of the Federal Housing Finance...
View ArticleNational Mortgage News – President Picks Rep. Mel Watt to Oversee …
President Obama has picked Rep. Mel Watt, D-N.C., to head the Federal Housing Finance Agency. … See original here: National Mortgage News – President Picks Rep. Mel Watt to Oversee …
View ArticleBEIL Breaking News: Obama Selects Mel Watt to Replace Ed …
The White House has announced that it will tap Mel Watt, longtime North Carolina congressman and democrat, to lead the Federal Housing Finance Agency (FHFA) and replace embattled acting director Edward...
View ArticleObama Dumps FHFA's DeMarco, Appoints Watt; New York Sues …
By Tanya Dennis Representative Mel Watt, Democrat Representative from North Carolina was named to replace Ed DeMarco on May 1st as the head of the Federal Housing Finance Agency (FHFA) after a year of...
View ArticleA Transition in Fannie and Freddie Oversight – NYTimes.com
As Melvin L. Watt takes over the Federal Housing Finance Agency, he will face pressure to take steps that put taxpayers at greater risk in the mortgage market, moves that his predecessor resisted on...
View ArticleMassachusetts AG Sues GSEs for Foreclosure Prevention Violations …
As part of the program, the organization buys foreclosed, bank-owned homes at their present market value and sells the properties back to the original homeowners if they qualify for affordable...
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