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Watt alters FHFA policy focus
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Securitization
Friday, May 16, 2014
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The new leader of the Federal Housing Finance Agency announced that his agency will change course on some key agency policy initiatives. Mel Watt, the former democratic congressman from North Carolina who was sworn in as FHFA director in January, discussed the agency’s most recent plan for the conservatorships of Fannie Mae and Freddie Mac during a May 13 forum hosted by the Brookings Institution. Read on to learn about the changes Watt discussed.
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