President Barack Obama’s former point man on housing-finance reform is taking a job with a think tank that has sought to play a major role in shaping rules for a world without mortgage guarantors Fannie Mae and Freddie Mac -- at least in their current form.
Michael Stegman, who left the government in April, will lead housing-policy research at the Bipartisan Policy Center when he joins next month, he and the group said Wednesday. The new role is likely to see Stegman remain a prominent voice in the debate over how to replace the government-controlled companies with a new mortgage system.