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Edward Demarco

Tough Fight Over Obama Pick May Be Win-Win For White House

Reuters | Posted 08.20.2013 | Politics

By Margaret Chadbourn WASHINGTON, June 20 (Reuters) - President Barack Obama's pick to oversee mortgage financiers Fannie Mae and Fre...

America's Half-Forgotten Housing Crisis

David Coates | Posted 07.06.2013 | Politics
David Coates

On the housing front, the good news is that the president wants Mel Watt to head the FHFA. The really bad news is that the problems in the U.S. housing system are currently so entrenched that, even if he is confirmed, Mel Watt will be hard-pressed to resolve them.

Shahien Nasiripour

Obama Pick Gets Some Republican Support

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

BOSTON -- The White House, long bedeviled by shortcomings in its housing programs, received two boosts Wednesday when its pick to lead a key housing a...

Shahien Nasiripour

Obama To Nominate Longtime Congressman For Key Job

HuffingtonPost.com | Shahien Nasiripour | Posted 05.02.2013 | Business

BOSTON -- President Barack Obama will nominate Mel Watt, a longtime Democratic congressman from North Carolina, to oversee government-controlled mortg...

Report: Famed Economist Is The Front-Runner To Replace Controversial Watchdog

Reuters | Posted 06.13.2013 | Business

By Douwe Miedema WASHINGTON, April 13 (Reuters) - Mark Zandi, a well-known economist, is a front-runner to lead the U.S. housing regul...

Ben Hallman

Guess Who's Not Enforcing Consumer Protection Laws

HuffingtonPost.com | Ben Hallman | Posted 03.26.2013 | Business

Fannie Mae, Freddie Mac and the federal agency that oversees them all are failing in their responsibility to protect homeowners from abusive bank prac...

Ben Hallman

Shocking New Failure Allows Mortgage Abuses To Keep Happening

HuffingtonPost.com | Ben Hallman | Posted 03.21.2013 | Business

NEW YORK -- For more than five years, many homeowners who complained about mortgage industry foreclosure abuses have wondered whether anyone with a fi...

Ben Hallman

Housing Director's Actions 'Inexplicable'

HuffingtonPost.com | Ben Hallman | Posted 03.18.2013 | Business

Massachusetts Attorney General Martha Coakley has run out of patience with the nation's top housing official. On Monday, after more than a year sp...

Ben Hallman

The 1 Thing Obama Must Fix To Secure His Economic Legacy

HuffingtonPost.com | Ben Hallman | Posted 11.09.2012 | Business

President Barack Obama secured reelection while managing to talk around one area of economic policy in which experts frequently charge him with failur...

Ben Hallman

Fannie Mae, Freddie Mac Dial Back Loans To Low-Income Home Buyers

HuffingtonPost.com | Ben Hallman | Posted 09.21.2012 | Business

When the Federal Reserve vowed last week to buy up $40 billion worth of home loans each month for the indefinite future, the hope was to finally stimu...

Ben Hallman

Romney: Under Obama, Government Is Doing Too Much To Solve Housing Crisis. Also, Not Enough

HuffingtonPost.com | Ben Hallman | Posted 09.05.2012 | Business

Homeowners need help avoiding foreclosures, Fannie Mae and Freddie Mac need reform, and complex rules need to be replaced with smart ones. This, wi...

Ben Hallman

San Bernardino Eminent Domain Fight Closely Watched By Other Struggling Communities

HuffingtonPost.com | Ben Hallman | Posted 09.25.2012 | Business

SAN BERNARDINO, Calif. -- This old railroad town in the heart of the Southern California foreclosure belt doesn't attract many visitors these days, es...

Demote, Defang DeMarco

Leo W. Gerard | Posted 10.13.2012 | Business
Leo W. Gerard

This guy, Edward DeMarco, the acting head of the Federal Housing Finance Agency, is deliberately damaging America -- promoting foreclosures, high unemployment and excessive taxes. He has got to go.

Bonnie Kavoussi

'The Only Issue That I Can Remember That Timothy Geithner And Paul Krugman Both Agree On'

HuffingtonPost.com | Bonnie Kavoussi | Posted 08.09.2012 | Business

A band of progressive leaders joined the mounting calls to fire America's housing policy chief Ed DeMarco Thursday. "You could have the biggest st...

Ben Hallman

DeMarco's Newest War

HuffingtonPost.com | Ben Hallman | Posted 08.09.2012 | Business

Edward DeMarco has opened up a new front on his war against principal reduction. On Thursday, the Federal Housing Finance Agency, which DeMarco ov...

Half a Billion Dollars and All We Got Is This Lousy Election?

Arianna Huffington | Posted 10.08.2012 | Politics
Arianna Huffington

With an estimated $2.5 billion bankroll by the time this presidential election is said and done, you'd think pretty much every important issue would get its place in the sun. Well, as it turns out, you don't always get what you pay for.

Ben Hallman

Can You Save San Bernardino?

HuffingtonPost.com | Ben Hallman | Posted 08.07.2012 | Business

Have a solution to the housing crisis? A California county that touched off a fierce debate over whether local governments should condemn underwater m...

Your Move, White House: DeMarco's Ideological Insurgency Must End

Peter S. Goodman | Posted 10.05.2012 | Business
Peter S. Goodman

The time has long since arrived for Edward J. DeMarco to pursue his other opportunities in the private sector, whatever they may be. DeMarco, you may...

Paul Krugman: Blame Republicans For The Depressed Economy

The New York Times | Paul Krugman | Posted 08.03.2012 | Politics

There has been plenty to criticize about President Obama’s handling of the economy. Yet the overriding story of the past few years is not Mr. Obama...

Ben Hallman

DeMarco Takes Moral Stand Against Mortgage Debt Relief

HuffingtonPost.com | Ben Hallman | Posted 08.07.2012 | Business

Five years into a housing crisis that never seems to end, a dispute over offering homeowners assistance has come down to morality. Edward DeMarco, ...

Below the Fold: Ed DeMarco Should Do His Job -- It's a Matter of Principal

Richard Zombeck | Posted 10.02.2012 | Business
Richard Zombeck

Acting Federal Housing Finance Agency (FHFA) Director Ed DeMarco has not been shy about letting underwater homeowners sink. This week, he made it painfully clear that despite the Administration calling for principal reduction, he would have no part of it.

"F" The Bureaucracy - The White House Can Help Homeowners Right Now

Richard (RJ) Eskow | Posted 10.01.2012 | Politics
Richard (RJ) Eskow

President Obama can make the moral case for America's homeowners in a clear, strong voice. So far he hasn't done that -- partly because some key members of his team buy into the unfair notion that underwater homeowners, unlike Wall Street bankers, don't deserve to be helped.

Ben Hallman

Fannie And Freddie Fail On Foreclosure Contractor Oversight

HuffingtonPost.com | Ben Hallman | Posted 06.19.2012 | Business

Fannie Mae and Freddie Mac failed to keep tabs on thousands of contractors hired to manage more than 1 million foreclosed homes, possibly exposing the...

Ben Hallman

California Lawmakers Say Housing Group Cares More About Banks Than Homeowners

HuffingtonPost.com | Ben Hallman | Posted 05.30.2012 | Business

The Federal Housing Finance Agency is well on its way to a remarkable achievement: proving less popular, among housing groups, than even the banks who...

America's Top Housing Official Must Aid Struggling Homeowners

Preeti Vissa | Posted 07.14.2012 | Business
Preeti Vissa

The rest of the country is inching forward on tangible progress, but Edward DeMarco could do more than anyone. The need is as urgent now as it ever was.