Search for: "EDWARD DEMARCO" Results 1 - 20 of 48
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13 Jan 2021, 7:21 am by Patrick McDonnell
Despite the invalidity of HERA’s restriction on the president’s removal power, President Obama could have removed both officials who signed the Third Amendment, then-Secretary Timothy Geithner, who was always removable at will, and then-FHFA Acting Director Edward DeMarco, who was serving in an acting capacity and therefore also removable at will. [read post]
6 Oct 2013, 1:52 pm
The current FHA director, Edward DeMarco, is against permitting principal writedowns for GSEs for any loan modifications. [read post]
8 May 2013, 3:05 pm by Jean Braucher
DeMarco If confirmed, Watt would replace Edward J. [read post]
26 Mar 2013, 11:53 am by Larry Tolchinsky
Yesterday, Acting Director of the Federal Housing Finance Agency Edward DeMarco released news from FHFA that is great news for many financially-strapped Florida home owners who are fighting foreclosure:  finally, federal action is doing something about the force-place insurance mess. [read post]
24 Aug 2012, 4:14 pm by BuckleySandler
On August 23, Massachusetts Attorney General Martha Coakley sent a letter to FHFA Director Edward DeMarco in which she advised Fannie Mae and Freddie Mac about their obligation to comply with a recently enacted state law that will make it harder to initiate foreclosures. [read post]
14 Aug 2012, 6:00 am by admin
  But the agency’s acting director, Edward J. [read post]
1 Aug 2012, 4:59 am by Brian Wolfman
Edward DeMarco, acting director of the Federal Housing Finance Agency, said Tuesday that allowing up to 2.6 million borrowers who owe more than their houses are worth to have their mortgage principal reduced would end up costing taxpayers money and could encourage additional defaults. [read post]
19 Apr 2012, 10:12 am
Edward DeMarco, acting director of the FHFA, says the GSEs new borrower communication and timeline requirements for short sales "set minimum standards and provide clear expectations regarding these important foreclosure alternatives. [read post]
18 Apr 2012, 3:31 pm
Edward DeMarco, who is the acting director of the FHFA announced at a Brookings Institution speech that reductions on principal for mortgages held by the two government-sponsored enterprises could ultimately save taxpayers nearly $2 billion. [read post]
30 Mar 2012, 6:20 am
His reluctance to do so has led to growing public outcries that the official, Edward DeMarco, be relieved of his duties. [read post]
14 Mar 2012, 2:12 pm by Lovechilde
Click here to tell President Obama: Fire Edward DeMarco and replace him with a recess appointment. [read post]
11 Mar 2012, 7:46 pm by Kevin Funnell
[FHFA chief Edward DeMarco} firmly holds his position on principal writedowns: There is no question that underwater borrowers in California would benefit from other taxpayers across the United States paying off the underwater portion of their mortgage debt. [read post]
5 Mar 2012, 2:51 pm by peweditor
FHFA Backs Down Because Plan Wouldn’t Help Enough Homeowners At first, FHFA acting director Edward DeMarco seemed in favor of implementing the NACBA’s Principal Paydown Plan to help distressed homeowners. [read post]
29 Feb 2012, 5:16 am by Mandelman
Congress, President Obama, and Secretary Geithner have all been leaning on acting director Edward DeMarco to allow Fannie and Freddie to do more to stop foreclosures, and specifically to start reducing principal for quite some time now, as in over a year, and DeMarco has said, “No. [read post]