The acting director of the Federal Housing Finance Agency and overseer of Fannie Mae and Freddie Mac,
Mr. DeMarco is a soft-spoken, career public servant — and under fire.
In the thankless job of conservator for the loss-ridden mortgage finance
giants, he has a duty to ensure that the companies operate in the best
interests of the taxpayers who own them. That means working to keep a
lid on the companies’ losses, which now total $183 billion.
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