WASHINGTON (3/25/14)--Edward J. DeMarco, who served as acting director of the Federal Housing Finance Agency from 2009 until January 2014, will leave the agency in April.
FHFA Director Mel Watt said DeMarco "has been an invaluable asset to FHFA," and thanked him for his help as Watt transitioned into his new role as agency head. Watt took over as head of the FHFA earlier this year.
In his resignation letter to Watt, DeMarco wrote, "I appreciate your invitation to assist you with the recent leadership transition and I have been pleased to do so. I am also grateful for the thoughtfulness you have shown me during this transition period. With the transition now well along, I believe the time has come for me to seek other opportunities."
DeMarco made no announcements about his future plans.