Mel Watt

Shares of Fannie Mae and Freddie Mac had a wild ride in 2013, as both ended the year up nearly 1000% as investors regained confidence that shareholders may ultimately receive a share of the companies' profits. Now, changes are brewing atop Fannie and Freddie's conservator, the FHFA. Mel Watt, a lifetime Democrat, is now leading the agency and could make some big changes. 

In this segment of The Motley Fool’s financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson are joined Motley Fool One analyst Morgan Housel to discuss how Watt could potentially be a good and bad thing for shareholders.