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Fannie, Freddie's Footprint Could Grow Under New FHFA Head

By Kaitlin Ugolik ( December 11, 2013, 7:13 PM EST) -- The U.S. mortgage industry is in for a sea change as Rep. Mel Watt, D-N.C., takes the helm of the Federal Housing Finance Agency, experts say, predicting Watt will seek to expand Fannie Mae and Freddie Mac, veering sharply from his predecessor's plans but lining up more closely with President Barack Obama's....

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