How the Next FHFA Chief Can Reform Fannie, Freddie Without Congress’ Help

National Mortgage News, Aug. 14, 2018–Hannah Long (subscription)
With Federal Housing Finance Agency Director Mel Watt’s term due to end in January, his successor – either a Senate-confirmed appointee or an interim chief – has substantial authority to set part of the path forward on GSE reform, including how far Fannie Mae and Freddie Mac expand their mission and the status of a common securitization platform shared by the two mortgage giants.