Fannie Revamp Should Be Part of 2016 Debate, DeMarco Says in WSJ

Presidential candidates should take up issue of overhauling the U.S. mortgage finance system if they want to engage in policy debate “that affects the lives of nearly all Americans,” Edward DeMarco, former acting director of the Federal Housing Finance Agency, writes in Wall Street Journal op-ed.

  • 7 years after the financial crisis, “fundamental problems with the system, especially the roles of Fannie Mae andFreddie Mac, remain unreformed,” DeMarco writes
Related: GSE Overhaul Bill Backed by Business Languishing in Congress: BI Analysts

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