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Republicans shoot down Obama's FHFA pick

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Mortgage Professional America | 01 Nov 2013, 05:14 AM Agree 0
Republicans have blocked the appointment of President Barack Obama's pick to lead the Federal Housing Finance Agency
  • Cheryl M | | 01 Nov 2013, 09:35 AM Agree 0
    No difference than chosing Eliz. Warren to head TARP, someone with a background in bankruptcy law who's goal it was to be a politian is not the person for the job. Wiping the slate clean isn't someone for heading modifications? On the other end of the spectrum Mel Watt has a business economics background working 20 years in HFSC, he might want to look out the window and notice the housing recovery is going backwards not forward! Mel, Economics 101: Recovery Rate is equivalent to the HFSC fraudulent activities: poor activities result in low recovery rate. Not the outcome I would want on my resume for 20 years experience. Bet he would not be able to pass the MLO testing or would not know what a 1003 is either.
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