President Donald Trump announced plans to nominate Mark Calabria to become the next director of the Federal Housing Finance Agency (FHFA). Calabria would take over for Mel Watt, whose term is set to expire Jan. 4, 2019.
Industry leaders have reacted favorably to Calabria’s pending nomination given his experience with the housing market and support for ending, and even disdain for, the conservatorship of Fannie Mae and Freddie Mac.
Find out more about his views on the government-sponsored enterprises and what the industry is saying.