Hasta La Vista, Eddie Baby! Senate Confirms Watt As FHFA Director

U.S. Senate confirms Mel Watt as next FHFA director Kerri Ann Panchuk, Housing Wire It’s official: Congressman Mel Watt, D-N.C., will lead the Federal Housing Finance Agency after the U.S. Senate confirmed his nomination Tuesday afternoon. Senators confirmed Watt as Ed DeMarco’s replacement, with a majority of the chamber’s legislators voting in Watt’s favor. The congressman easily […]

Is Bank Of America Stomping On The Rights Of Hispanic Homeowners?

Bank of America Is Illegally Taking Angel Garcia’s Home And He’s Not Alone “This is like doing business with a praying mantis. You get seduced, and then eaten alive afterwards” -Steve Jobs American banks and American businesses have been stomping on the rights of Hispanic-Americans since the U.S. annexed what is now the American Southwest […]

Housing Activists Convince Obama to Dump DeMarco

Peter Drier, Huffington Post On Wednesday, community activists and homeowner groups got some good news from Washington. President Obama announced that he was removing Ed DeMarco, the Bush-appointed acting director of the Federal Housing Finance Agency (FHFA). FHFA regulates Fannie Mae and Freddie Mac, the bailed-out mortgage financiers that together own or guarantee 60 percent […]

Obama To Nominate Mel Watt For FHFA Director

Finally Replacing Ed DeMarco From AP President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac, a White House official said Tuesday. If confirmed by the Senate, Watt, D-N.C., a 20-year veteran of the House, would replace […]

Ed DeMarco

Ed DeMarco Cowered In His Bathroom Instead Of Telling Protesters, “Get Off My Lawn!”

It Appears Ed DeMarco Is No Clint Eastwood On Sunday, a group of 500 protesters from the National People’s Action converged in front of the home of Ed DeMarco, the Acting Director of the Federal Housing Finance Agency. FHFA is the government agency established to oversee mortgage behemoths Fannie Mae and Freddie Mac after they […]

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