Sunday, March 25, 2012

ED DeMARCO

  • Ed DeMarco, the regulator in charge of Fannie Mae and Freddie Mac, has many critics, myself included, who would love him to allow Frannie to do principal reductions where it makes sense. But now he's managed to find a defender.
  • (Reuters Blogs)
  • The same people who helped create the $180 billion bailout of Fannie Mae and Freddie Mac are now demanding the head of Ed DeMarco, the acting director of the Federal Housing Finance Agency (FHFA), which regulates Fannie Mae and Freddie Mac.
  • (Town Hall)
  • ED DeMARCO is a marked man. But in recent weeks, Mr. DeMarco has come under increasing pressure to chuck his obligation to taxpayers and make Fannie and Freddie write down principal on mortgages held by troubled borrowers.
  • (New York Times)
  • The dog ate my homework probably wont work as an excuse for Ed DeMarco, the embattled acting director of the Federal Housing Finance Agency.
  • (Huffington Post)
  • Event at Obama Campaign Headquarters, Thursday, March 15, at 5:00 P.M. at 230 Hilliard Avenue Over 20 MoveOn.
  • (Mountain Xpress)
  • The single largest obstacle to meaningful economic recovery is a man who most Americans have probably never heard of, Edward J. DeMarco.
  • (Huffington Post)
  • In an effort to encourage more principal write-downs, the Treasury Department has tripled those incentives to banks under an existing loan-assistance program.
  • (Wall Street Journal)
  • As the rain stopped and the sunlight broke out from the clouds, seven islanders stood in Waterfront Park with cardboard signs calling for peace, change, support of the Occupy Wall Street Movement, and also the removal of Ed DeMarco.
  • (Islands Sounder)
  • As public frustration with the Federal Housing Finance Agency builds, 97 community groups have submitted a detailed comment letter to Acting Director Ed DeMarco demanding changes to FHFAs foreclosure policies, or his immediate resignation.
  • (PR-USA.net)
  • Post-event statement from MoveOn.org: Asheville Residents to President Obama: Fire Ed DeMarco and Help Millions of Homeowners Event at Obama Campaign Headquarters, Thursday, March 15, at 5:00 P.M. at 230 Hilliard Avenue Over 20 MoveOn.
  • (Mountain Xpress)

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