Forty-five Democratic members of the House of Representatives have sent a letter to President Obama urging him to appoint a permanent director to head the Federal Housing Finance Agency (FHFA).  Edward J. DeMarco has been acting director of the agency since James Lockhart resigned in August 2009.  The Senate failed to bring the name of Joseph Smith, named by the President to replace Lockhart, to the floor for confirmation. The group

Read more »