Relevant:
- Are White House Housing Plans Really Stymied by the Regulator For Freddie and Fannie?
- Edward DeMarco Threatens Action Against Communities Weighing Principal Reduction Proposal
- Tim Geithner's principal hypocrisy
- Fannie, Freddie and FHA Finally Increase Homeowners' Ability to Modify Mortgages
- NPR/Pro Publica Story on Fannie/Freddie Principal Mod Analysis Falls Apart
2012-10-26 — homepreservationnetwork.com
``Edward DeMarco, the Neanderthal director of the FHFA has consistently resisted pressure from the Obama Administration and Congress and defied common sense by prohibiting the two mortgage giants he regulates from resolving defaulted loans by agreeing to principal reductions.''
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