New Note

Create a note for yourself from this lesson. Notes allow you to quickly jot down any valuable information you'd like to review later. You can find your notes by clicking on "My Notes" in the profile navigation menu.

Market Updates

How FHFA Leadership Change May Impact Your Business

Want our step-by-step process on how to partner with the biggest cash-buyers of single family houses the world has ever seen? Learn more here →

(NOTE: Want to learn how to flip houses to hedge funds? Click here for our “Partnering With Hedge Funds” special report.)

edward demarcoAccording to the Wall Street Journal and a number of other credible sources, FHFA acting Director Edward DeMarco is on his way out.

DeMarco, appointed by President Obama as acting director in August 2009, has garnered the ire of Democrats in Washington because of his rejection of an Administration plan to create a national mortgage principal forgiveness program. Reports indicate the President may replace him as early as January.

Overall, Mr. DeMarco’s leadership of FHFA has been stellar. He has taken strides to protect taxpayers from the bottomless pit that are Fannie Mae and Freddie Mac, and worked extensively to promote private market solutions to both generate a housing recovery and resolve the Fannie/Freddie crisis. My organization, the Distressed Property Coalition (DPC), worked with FHFA to create a new national short sale program which brought certainty and profit back into the short sale investing market.

When Congress created FHFA, the mandate for the agency was clear: protect taxpayers…

Is there a topic you'd like to learn more about? Request a Lesson


+ Mark as Learned

Valuable Lesson? Share it:

Request a Lesson

At RealEstateMogul.com, mogul_guarantee.pngwe’re committed to delivering the awesomest, most practical, actionable content to our members … and that a big part of that is getting YOU to tell us what you'd like to learn from us. Since our REI resources are basically endless, we’d love to tailor our upcoming training as much as possible to precisely match what you, our members, really need and want out of us.

jpsig.png Request form