Tuesday, April 16, 2013 12:38:25 PM
Anthony Sanders, a real estate professor at George Mason University, said that he supports DeMarco's efforts and expressed concerns that Zandi would allow for the principal reductions. He asked Zandi to "think twice" about opening the "principal reduction floodgates" if he lands the job.
DeMarco is slated to testify before the Senate Banking Committee on Thursday, which could provide a clearer picture as to what kind of support he has to continue in the job.
(mayopolpus)He said Fannie borrowed $116 billion and has paid back in excess in $35 billion, an improvement that has been at least four years in the making.
"I do think, given the strength of our future profitability, it is possible that we will pay dividends that will be equal to or greater than the amount of money that we have received from the Treasury department."
gmu is redder than the south gulf coast of florida.
the hill does real reporting, and is really on the inside. this article was not a wsj article picked up of a wire service.
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