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Joseph Lawler The Washington Examiner 12/14/2014 The government’s top housing finance regulator set up a fight with House Republicans for early next year as he raised the political stakes surrounding mortgage buyers Fannie Mae and Freddie Mac. Federal Housing Finance Agency Director Mel Watt pleased affordable-housing advocates last week by directing the bailed-out mortgage businesses […] December 14th, 2014 | Tags: affordable housing, bailouts, block grants, Capital Magnet Fund, housing crisis, Housing Trust Fund, Mel Watt | Category: Banking and finance, Congress, Fannie Mae, federal funding, Freddie Mac, States | Comments are closed
Government conservatorship of mortgage giants likely to continue, even as lawmakers call for change Daniel Wiser The Washington Free Beacon 11/19/2014 Federal Housing Finance Agency (FHFA) Director Mel Watt said on Wednesday that he did not see the government relinquishing control of housing giants Fannie Mae and Freddie Mac anytime soon, even as the Democratic […] November 19th, 2014 | Tags: government-sponsored enterprises (GSEs), Mel Watt, mortgages, Sen. Elizabeth Warren | Category: Congress, Fannie Mae, Freddie Mac, Taxes, Treasury Department | Comments are closed
Editorials Investors.com 10/20/2014 Subprime Redux: Mel Watt’s easy credit crusade is now off and running. Fannie Mae and Freddie Mac’s chief regulator has officially lowered lending standards for the entire mortgage industry. Here we go again. In January, we warned that Watt’s swearing-in as head of the Federal Housing Finance Agency would mark the start […] October 21st, 2014 | Tags: Center for Responsible Lending, consumer credit, Federal Housing Finance Agency, Mel Watt, mortgages | Category: Banking and finance, Fannie Mae, Federal Housing Administration, Freddie Mac | Comments are closed
Joseph Lawler The Washington Examiner 5/17/2014 Despite being a new officeholder of a relatively obscure federal agency, Mel Watt drew a strong reaction for his speech Tuesday by signaling that the federal government will increase its role in helping more Americans buy houses. For now, credit standards for home loans remain tight. But Watt’s speech […] May 17th, 2014 | Tags: bailouts, Consumer Financial Protection Bureau (CFPB), Mel Watt, mortgages | Category: Banking and finance, Fannie Mae, Freddie Mac | Comments are closed
Charles C. Johnson The Daily Caller 5/5/2013 Mel Watt, President Obama’s nominee for director of the Federal Housing Finance Agency, pushed government programs to help welfare recipients buy homes during the creation of the subprime mortgage bubble. Watt, a 20-year Member of Congress from North Carolina’s 12th district, also had a hand in programs allowing […] May 6th, 2013 | Tags: Bank of America, Federal Housing Finance Agency, housing crisis, Mel Watt, National Labor Relations Board (NLRB), Pathways to Homeownership, Rep. Barney Frank, Richard Griffin, subprime crisis | Category: Banking and finance, Barack Obama, corruption, Fannie Mae, Freddie Mac, Unions | Comments are closed
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