Edward DeMarco

Edward DeMarco
Acting Director of the Federal Housing Finance Agency
In office
September 1, 2009 – January 6, 2014
Preceded byJames B. Lockhart III
Succeeded byMel Watt
Personal details
Alma materUniversity of Notre Dame
University of Maryland, College Park

Edward Joseph DeMarco is an American government official who served as the acting director of the Federal Housing Finance Agency (FHFA),[1][2] the conservator for Fannie Mae and Freddie Mac, from 2009 through 2014. According to DeMarco, FHFA's mandate from Congress is to preserve and conserve the assets of Fannie Mae and Freddie Mac. "[I]n their current state that translates directly into minimizing taxpayer losses. We are also charged with ensuring stability and liquidity in housing financing and maximizing assistance to homeowners."[3]

  1. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2012-02-16. Retrieved 2012-02-01.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ Freddie Mac Betting Against Struggling Homeowners : NPR
  3. ^ DeMarco 2012, p. 2.