Mel Watt

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18h
Market Watch
Freddie Mac may need another taxpayer bailout next weekFannie and Freddie to send all quarterly profits to the government — and shrink
Freddie Mac may need another taxpayer bailout next week
Market Watch / Posted 18 hours ago
Fannie and Freddie to send all quarterly profits to the government — and shrink their reserves to zero by 2018. As Mel Watt, the chairman of Fannie and Freddie’s regulator, put it in a speech in February, Fannie and Freddie are quickly... Read more
2d
Gawker
Who Else Knew About Dennis Hastert’s Sexual Abuse of Children?existence of the allegations, is a matter of public record. Here’s what we know
Who Else Knew About Dennis Hastert’s Sexual Abuse of Children?
Gawker / Posted 2 days ago
existence of the allegations, is a matter of public record. Here’s what we know about who knew, and when. 1. Congressman Mel Watt — According to Huffington Post reporter Sam Stein, Watt, a Democrat from North Carolina, became aware of the... Read more
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4d
Roll Call
Two Small Towns, One Big Secretwas just a separate life.” That's not to say that no one in Washington ever do
Two Small Towns, One Big Secret
Roll Call / Posted 4 days ago
was just a separate life.” That's not to say that no one in Washington ever doubted him; former North Carolina congressman Mel Watt, now the head of the Federal Housing Finance Agency, confirmed in June that “someone” had approached him with “an... Read more
3 related stories
13d
Sun-Sentinel
U.S. extends limited reduction of mortgage principal for stressed homeownersareas of the country where home values have not recovered and negative equity r
U.S. extends limited reduction of mortgage principal for stressed homeowners
Sun-Sentinel / Posted 13 days ago
areas of the country where home values have not recovered and negative equity remains a real problem,” said FHFA Director Mel Watt, who has been under pressure to enact a broad principal-reduction program since taking office in late 2013. At the... Read more
15d
The Hill
Overnight Finance: House GOP to huddle on Puerto Rico billwill no doubt be viewed by some as too small and too late and viewed by others
Overnight Finance: House GOP to huddle on Puerto Rico bill
The Hill / Posted 15 days ago
will no doubt be viewed by some as too small and too late and viewed by others as too large and unnecessary," FHFA Director Mel Watt said in a statement. Vicki Needham breaks it down: http://bit.ly/1Sd5FgR. HOUSE PASSES BILL TO TIGHTEN OVERSIGHT OF... Read more
2 related stories
15d
The Morning Call
U.S. extends limited reduction of mortgage principals for stressed homeownersareas of the country where home values have not recovered and negative equity r
U.S. extends limited reduction of mortgage principals for stressed homeowners
The Morning Call / Posted 15 days ago
areas of the country where home values have not recovered and negative equity remains a real problem,” said FHFA Director Mel Watt, who has been under pressure to enact a broad principal-reduction program since taking office in late 2013. At the... Read more
2 related stories
15d
Los Angeles Times
U.S. extends limited reduction of mortgage principals for stressed homeownersareas of the country where home values have not recovered and negative equity r
U.S. extends limited reduction of mortgage principals for stressed homeowners
Los Angeles Times / Posted 15 days ago
areas of the country where home values have not recovered and negative equity remains a real problem,” said FHFA Director Mel Watt, who has been under pressure to enact a broad principal-reduction program since taking office in late 2013. At the... Read more
2 related stories
17d
Market Watch
Fannie, Freddie stock rally on report Treasury knew profitable at time of sweepthe agency would not need to tap taxpayer money again. In fact, just such a sc
Fannie, Freddie stock rally on report Treasury knew profitable at time of sweep
Market Watch / Posted 17 days ago
the agency would not need to tap taxpayer money again. In fact, just such a scenario may play out soon. In February, Mel Watt, director of the Federal Housing Finance Agency, Fannie and Freddie’s regulator, warned about post-crisis... Read more

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