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Volume 14 - Number 1

January 10, 2014

New FHFA Director Watt Delays Planned GSE G-Fee Increase

Two days after he was sworn in to a five-year term as the Federal Housing Finance Agency’s new director, Mel Watt followed through on a pledge he made last month following his Senate confirmation and officially delayed a GSE guaranty fee increase. Watt this week countermanded a move by his predecessor, then-Acting Director Edward DeMarco, who announced in December a number of GSE pricing structure changes.

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