InvestorsHub Logo
Followers 14
Posts 737
Boards Moderated 0
Alias Born 09/13/2013

Re: None

Tuesday, 12/10/2013 4:50:42 PM

Tuesday, December 10, 2013 4:50:42 PM

Post# of 800880
If Watt will be here for 5 years what will be the price by then?$$$$$$$$$$$$$$$$$$$$$$$$$$$

On May 7th, 2013, President Barack Obama formally nominated Watt to be the next head of the Federal Housing Finance Agency for a five-year term. Watt would replace acting Director Edward DeMarco who was designated by President Obama on August 25th, 2009 to head the FHFA when the political appointee who previously ran the agency resigned. DeMarco previously served as the FHFA's Chief Operating Officer and has aggressively protected the assets of Fannie Mae and Freddie Mac. Secure One Capital predicts that unlike his predecessor, Watt will approve HARP 3.0 without the approval of Congress.