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Watt discusses ‘most difficult issue’ he faces at FHFA
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The Federal Housing Financial Agency is grappling with numerous contentious issues as it attempts to chart a course for government-sponsored enterprises Fannie Mae and Freddie Mac at a time when the future of the U.S. housing finance system is far from certain. However, Mel Watt, the agency’s director, recently told the Senate Banking Committee that one issue likely stands out as the most difficult he has faced in his nearly one year at the helm of the FHFA. Read on for the details.
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