The president believes that Rep. Watt is the very best person to lead the agency at this important time for the housing market and our economy, and that having a confirmed FHFA director in place will help promote certainty for the housing industry, said a White House spokesman.
Is Ed DeMarco unimpressed with Fannie and Freddie's return to profitability? we should keep the recent reports of positive net income in perspective, he told the audience of the Bipartisan Policy Center this week. Much of it has been related to one-time adjustments..."