Newsmakers
Mel Watt
2014-05-18T10:02:12-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZjRiXC8yMDE0MDUxODEwMDY1MTAwMV9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Mel Watt talked about his plans for the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. Mr. Watt, who resigned from Congress to become director of the FHFA in January 2014, announced plans for the agency that were different from those followed by his predecessor, Ed DeMarco. He said the agency would work to make credit more available to home buyers and take steps to ensure liquidity in the housing market. He also said Fannie Mae and Freddie Mac would remain engaged in their mortgage roles for the foreseeable future. Congress was also considering legislation about the future of Fannie and Freddie, and Mr. Watt said it was not his role to comment on such legislation. At the time, Fannie Mae and Freddie Mac supported loans for about two-thirds of new mortgages. After the interview, the reporters discussed his responses with the host.
Mel Watt talked about his plans for the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. Mr. Watt, who resi…
read more
Mel Watt talked about his plans for the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. Mr. Watt, who resigned from Congress to become director of the FHFA in January 2014, announced plans for the agency that were different from those followed by his predecessor, Ed DeMarco. He said the agency would work to make credit more available to home buyers and take steps to ensure liquidity in the housing market. He also said Fannie Mae and Freddie Mac would remain engaged in their mortgage roles for the foreseeable future. Congress was also considering legislation about the future of Fannie and Freddie, and Mr. Watt said it was not his role to comment on such legislation. At the time, Fannie Mae and Freddie Mac supported loans for about two-thirds of new mortgages. After the interview, the reporters discussed his responses with the host. close
Mel Watt talked about his plans for the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. Mr. Watt, who resi… read more
Mel Watt talked about his plans for the Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac. Mr. Watt, who resigned from Congress to become director of the FHFA in January 2014, announced plans for the agency that were different from those followed by his predecessor, Ed DeMarco. He said the agency would work to make credit more available to home buyers and take steps to ensure liquidity in the housing market. He also said Fannie Mae and Freddie Mac would remain engaged in their mortgage roles for the foreseeable future. Congress was also considering legislation about the future of Fannie and Freddie, and Mr. Watt said it was not his role to comment on such legislation. At the time, Fannie Mae and Freddie Mac supported loans for about two-thirds of new mortgages. After the interview, the reporters discussed his responses with the host. close
Related Video
-
Changes to Fannie Mae and Freddie Mac
Mel Watt talked about managing Fannie Mae and Freddie Mac and the 2014 strategic plan for their conservatorship. He said…
-
Housing Policy
Federal Housing Finance Agency Director Mel Watt talked about FHFA’s work as regulator of the Federal Home Loan Bank Sys…
-
Fannie Mae and Freddie Mac Oversight
Edward DeMarco testified about the operations and regulatory practices at the Federal Housing Finance Agency (FHFA). Amo…
-
Future of Fannie Mae and Freddie Mac
Treasury Secretary Geithner testified about the future of Fannie Mae, Freddie Mac, and the Federal Housing Administratio…