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elleng

(130,126 posts)
Fri Mar 22, 2013, 05:21 PM Mar 2013

Delaware AG Biden Joins 9 other AGs in Calling for New Director of Fannie Mae, Freddie Mac

Delaware Attorney General Beau Biden has joined nine other state Attorneys General in calling for a change in leadership at the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac.

The Attorneys Generals sent a letter to President Obama and Senate Leaders Harry Reid and Mitch McConnell saying that Fannie Mae and Freddie Mac have been a “direct impediment to our economic recovery,” and an “obstacle to progress” by refusing to reduce mortgage principal amounts for homeowners who are trying to avoid foreclosure. The letter calls for a new director to be appointed to replace acting FHFA Director Edward DeMarco.

http://www.wgmd.com/common/more.php?m=49&post_id=22621

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Delaware AG Biden Joins 9 other AGs in Calling for New Director of Fannie Mae, Freddie Mac (Original Post) elleng Mar 2013 OP
I would like to see who they think would be good in the job treestar May 2013 #1

treestar

(82,383 posts)
1. I would like to see who they think would be good in the job
Fri May 10, 2013, 07:27 AM
May 2013

Hopefully no banking or corporate experience! (Anticipating a GD thread on what an awful corporatist the eventual nominee will be)

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