Ex-Fannie-Freddie Overseer DeMarco Joins Milken Institute

Bloomberg, By Clea Benson 

Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute’s Center for Financial Markets.

The career government employee says he’ll still be pushing for an overhaul of the nation’s housing-finance system in his position at the Washington office of the nonpartisan organization founded by financier Michael Milken and based in Santa Monica, California.

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