GSE Shareholder Group Gets Face Time with FHFA’s Watt, But
Inside Mortgage Finance - August 20, 2014 - August 21, 2014
Inside Mortgage Finance, By Charles Wisniowski
The leader of a group of disenfranchised GSE shareholders is vowing not to give up on his push to have the Federal Housing Finance Agency use its regulatory power to immediately end the GSE conservatorships.
Investors Unite Executive Director Tim Pagliara told Inside The GSEs, an affiliated publication, that he secured some brief face time with FHFA Director Mel Watt during a public event in Atlanta last week. The director, he said, was polite but unmoved by IU’s call for Watt to use his authority to end the GSE conservatorships and what stakeholders consider the government’s illegal net worth sweep of profits earned by Fannie Mae and Freddie Mac.
Read full article here: GSE Shareholder Group Gets Face Time with FHFA’s Watt, But
