Search for: "EDWARD DEMARCO" Results 1 - 20 of 48
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11 Feb 2012, 11:33 pm by Kent Anderson
  FHFA acting director Edward DeMarco initially praised the plan as a responsible proposal but later withdrew his support while quietly sidelining a similar principal reduction program proposed by Fannie Mae. [read post]
1 Dec 2011, 10:37 am by Mandelman
 The latest example of this comparative suckiness can be seen in the letter sent this week by 21 members of Congress to Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco that urges him to allow principal reductions on loans backed by Fannie Mae and Freddie Mac. [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]
10 Feb 2012, 7:42 am by Jean Braucher
The heat is cranking up on the seat of Edward DeMarco, acting head of the Federal Housing Finance Agency and a holdover from the last administration who has been standing in the way of a meaningful response to the mortgage crisis. [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]
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]
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]
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 Apr 2011, 6:15 am
Edward DeMarco, the acting director of the Federal Housing Finance Agency, stated that reducing loan balances on loans would be damaging to the companies but "should a source of funds outside the companies emerge to cover some portion of the costs associated with principle" they would re-examine their stance. [read post]
21 Sep 2011, 7:48 pm by Kevin Funnell
DeMarco's statement does nothing to allay those suspicions. [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]
30 Nov 2011, 5:04 am
At a recent meeting with congress, the FHFA's Director, Edward DeMarco, promised to review a new plan that will help homeowners who file Chapter 13 bankruptcy. [read post]
14 Oct 2011, 11:19 pm
Congressional Democrats met with Obama's housing chief Edward DeMarco last week to demand stronger action on the travesty of underwater homes in California. [read post]
14 Aug 2012, 6:00 am by admin
  But the agency’s acting director, Edward J. [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]
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]