As acting director of the FHFA, the conservator for Fannie Mae and Freddie Mac, Ed DeMarco has made several drastic changes to the way the two entities operate. The latest proposal from the FHFA floats the idea of reducing loan limits for mortgages eligible for purchase by the GSEs. In the following video from The Motley Fool's everything-financial show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss the proposed changes and the confirmation of Mel Watt as director of the FHFA.
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