Items Tagged with 'Rep. Mel Watt'


  • HW 30 stocks plummet across the board

    Trulia is the big mover, falling more than 10%
    The HW 30 had a rough day Wednesday as housing and mortgage stocks reacted to Mel Watt's FHFA confirmation and data that showed younger Americans steering clear of the housing market for now.
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  • Treasury Secretary, HUD react to Watt's confirmation

    Treasury Secretary Jack Lew and HUD Director Shaun Donovan released statements after Rep. Mel Watt was confirmed as the next FHFA director, citing his experience in housing policy and focus on the middle class as positives for the economy and industry.
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  • Ed DeMarco's FHFA seat is safe for now

    Procedural vote to quickly nominate Rep. Mel Watt fails in Senate
    Ed DeMarco's seat as acting director of the Federal Housing Finance Agency remains safe for now. A procedural vote designed to get Rep. Mel Watt, D-N.C., thrust quickly into the head job at the FHFA failed on the Senate floor Thursday morning.
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  • Corker-Warner bill likely to be scrubbed

    Current first-loss position for private capital viewed as too high
    Three U.S. Senators remain doubtful that Rep. Mel Watt will be named FHFA Director this year. They're equally inclined to think the Corker-Warner GSE Reform Bill is due for a scrubbing, with a push in Congress to reduce the 10% threshold for private capital first-risk.
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