Relevant:
- Edward DeMarco Threatens Action Against Communities Weighing Principal Reduction Proposal
- Ed DeMarco Is in Line to Replace Himself
- Calls For The Sacking Of Ed DeMarco Reaching Fever Pitch
- Edward DeMarco, housing finance head, catches heat
- White House Must Free Fannie Mae, Freddie Mac On Principal Reduction, Remove Ed DeMarco
2012-12-11 — ml-implode.com
You know, I was having kind of a crummy day... nothing serious, just dragging my feet a bit and grinding through some writing I've been working on for too long... and thinking about how nothing is changing... and then out of the blue it happened... and I started smiling right away... kicking my heels up a bit... even opened a cold beer to celebrate the news.
Nick Timiraos, at the Wall Street Journal, is reporting that the Obama Administration is replacing Edward DeMarco, the current "acting" director of the Federal Housing Finance Agency, the conservator for the failed mortgage behemoths Fannie Mae and Freddie Mac.
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