Edward DeMarco

Rep. Mel Watt’s Long Odds Involve More Than Just Principal Forgiveness

By Heather Anderson | May 2, 2013

North Carolina congressman's nomination to FHFA top spot prompts careful comments from trades.
Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

By David Morrison | April 15, 2013

Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.
More HARP: FHFA Gives Nod to Loan Mods Through 2015

By David Morrison | April 11, 2013

Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.
N.C. Rep. Watt Fuels FHFA Appointment Speculation

By Heather Anderson | March 27, 2013

During the March 19 House Financial Services hearing on the conservatorships of Fannie Mae and Freddie Mac, Rep. Mel Watt (D-N.C.) yielded back the majority of his allotted time due to “media speculation over the weekend.”
Housing Collapse, GSEs Dominate House Financial Services April Agenda

By Heather Anderson | March 22, 2013

Commmittee Chair Hensarling reiterates aim to eliminate Fannie Mae, Freddie Mac as government-sponsored enterprises.
Watt Passes the Mic on DeMarco Amidst Appointment Speculation

By Heather Anderson | March 20, 2013

North Carolina congressman named as possible successor to embattled FHFA acting director. DeMarco taking flak over principal reductions.
States Tell Obama to Dump DeMarco Over Principal Write-Downs

By Heather Anderson | March 18, 2013

Nine attorneys general pen letter saying Edward DeMarco stands in the way of progress for struggling homeowners.
GSE Reform Advances

By David Morrison | March 8, 2013

The Federal Housing Finance Agency, the regulator and manager of government-owned Fannie Mae and Freddie Mac, is poised to start to restructure the secondary mortgage market whether credit unions, banks or legislators are ready or not.
Industry Anxieties Wane Over Fannie and Freddie Reform

By David Morrison | February 27, 2013

Despite what almost everyone agrees is the deep importance of the topic, credit unions have become largely ambivalent about reforming the secondary mortgage market and uncertain about potentially disrupting a system which seems to be working well, according to executives with credit union organizations familiar with the issue.
DeMarco: Fannie and Freddie Will Evaluate Mortgage Risk Earlier

By Heather Anderson | September 11, 2012

Lenders in streamlined refinance programs, including HARP, will be eligible for relief after an acceptable payment history of only 12 months.