DeMarco Shrinks Fannie-Freddie Without Help From Congress

The man with power over more than half of U.S. mortgages lives in a 1961 brick split-level house. There’s a basketball hoop in the driveway and a green Subaru Outback in the carport. The homes on Edward J. DeMarco’s block are so close that neighbors see into each other’s windows.

This surprised several dozen demonstrators, one in a vampire costume, who arrived at DeMarco’s residence in a middle-class Washington suburb last month to demand he quit his job as acting director of the Federal Housing Finance Agency.