Federal Housing Finance Agency Director James Lockhart, who oversaw last year’s federal takeover of mortgage-finance giants Fannie Mae and Freddie Mac, said he plans to leave the agency later this month.
“The timing is appropriate,” Lockhart said. Freddie Mac hired a new chief executive last month and the housing market is starting to show some signs of recovery, the regulator said in an interview today.
This is the End and a New Beginning
3 weeks ago
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