Elizabeth Warren Blasts Federal Housing Financy Agency Director – ‘You Haven’t Helped a Single Family’
Senator Elizabeth Warren thoroughly smacks Melvin Watt, the new director of the Federal Housing Finance Agency (FHFA), about principal reduction for homeowners, at a Senate Banking Committee hearing on November 19, 2014. As the Charlotte Observer explained: “The agency oversees mortgage finance titans Fannie Mae and Freddie Mac, both in government receivership since September 2008 […]