Relevant:
- Lawmakers push Fannie, Freddie to write-down mortgage principal
- Fannie, Freddie leader's mortgage-cutting dilemma
- Are White House Housing Plans Really Stymied by the Regulator For Freddie and Fannie?
- Regulator defends Fannie, Freddie executive pay
- Edward DeMarco Threatens Action Against Communities Weighing Principal Reduction Proposal
2012-04-05 — marketwatch.com
``Under pressure from Democratic members of Congress, the chief of a key housing regulator on Wednesday defended his policy of not cutting the amount underwater borrowers owe for mortgages owned by government-seized housing giants Fannie Mae and Freddie Mac.''
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