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.
With a new a FHFA director coming in, big changes could be in store for Fannie Mae and Freddie Mac
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.
