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FHFA Nominee Watt Faces Uphill Battle At Senate Confirmation Hearing

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Mani
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Mel Watt, selected to head the Federal Housing Finance Agency (FHFA), will face an uphill battle at a Senate confirmation hearing.

FHFA Nominee Watt Faces Uphill Battle At Senate Confirmation Hearing

The North Carolina Democrat selected by President Barack Obama to head FHFA will face law makers skeptical of his knowledge of housing-finance issues on Thursday.

A new bill to wind down Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA)  and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) and replace them with a new government agency was...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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