Fannie, and Freddie aren’t going away, Watt says

- May 22, 2014

MarketWatch

May 21, 2014, by Darrell Delamaide

One of the country’s biggest political footballs, housing finance reform, took some funny bounces over the past week.

Most notable were the first public appearances by the government’s new point man for running Fannie Mae DE:FNM +2.45% and Freddie Mac FMCC +0.46% , former North Carolina Congressman Mel Watt, who took office as director of the Federal Housing Finance Agency in January and was nominated more than a year ago.

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