Joseph Otting will serve as the Acting Director of the Federal Housing Finance Agency, starting January 2019. Here’s what he had to say about his new role.
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Watt: “These Conservatorships are Unsustainable”
In his testimony before the Banking Committee, Melvin Watt, Director, FHFA outlined the challenges facing the conservatorship of the GSEs and why it was the Congress’ responsibility to decide on housing finance reforms.
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