FHFA’s Watt: Congress needs to handle housing finance reform

In recent weeks, several different groups tried to exert public pressure on the Federal Housing Finance Agency in an attempt to end the housing finance system’s current status quo. Up to this point, the FHFA and its director, Mel Watt, would not responded directly to these efforts. But now, Watt is responding directly to those public salvos, albeit much more quietly than the trade groups or the politicians. …read more

From:: Real Estate Wire