HFA Icon

Fannie Mae: Ethics Question Mount for MBA President Dave Stevens

HFA Padded
Guest Post
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Did Mortgage Bankers Association President David H. Stevens keep one foot in government and the other in the private sector, thereby helping to grease the skids for a handoff of Fannie and Freddie's business to big banks?

That question is at the core of The National Legal and Policy Center's call for the U.S. attorney for the District of Columbia and the inspector general at the U.S. Department of Housing and Urban Development to conduct an official review of Stevens' activities while he was at HUD and after he left the agency in March 2011 to lead the MBA.

NLPC's request for an ethics investigation follows an eye-opening story in the New York Times

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

If you are interested in contributing to Hedge Fund Alpha on a regular or one time basis read this post