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Fannie Mae, Freddie Mac Conservatorship Leader DeMarco To Leave FHFA

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Mani
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DeMarco, who ran Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC)'s regulator on an acting basis for nearly five years, will leave FHFA next month.

Fannie Mae, Freddie Mac Conservatorship Leader DeMarco To Leave FHFA

He remained at FHFA as a deputy director after Melvin L. Watt took the helm in January.

New director at FHFA

The FHFA is the agency responsible for overseeing the operations of mortgage finance giants, Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp...

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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