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Tag: Edward Demarco

jrodmanjr (CC BY-ND 2.0)

Mortgage Debt Relief? Not on His Watch

The Federal Reserve announced last week that it would launch no new stimulus programs to jump-start the economy, and editors at The Washington Post applauded Edward DeMarco, acting director of the Federal Housing Finance Agency, for refusing to refinance mortgages for struggling homeowners.

Posted on Aug 4, 2012 READ MORE

AP / Manuel Balce Ceneta

Meet the Obscure Federal Regulator Who’s Not Helping Homeowners

Fannie and Freddie are required to help homeowners while earning profits so they can pay back the taxpayers who bailed them out. Here is our guide to the little-known federal regulator, Edward DeMarco, ultimately in charge of the two companies. You may have never heard of him, but as The Washington Post put it, he’s “the most powerful man in housing policy.”

Posted on Feb 8, 2012 READ MORE

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