Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
DeMarco will leave FHFA next month
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.
 


RSS print
News Now LiveWire
Expanded ATM services at branches attractive to members: @CFIGroup. See #NewsNow Friday
5 hours ago
#FinCEN imposes civil money penalty against NJ's BPI money services co. for #BSA violations http://t.co/WnDzOcxdOZ
7 hours ago
.@ABCULCUs give hat tip to America's #100MM #creditunion milestone http://t.co/q8yo6Lx3LM
8 hours ago
The @CFPB has announced new Credit Union Advisory Council members, as well as other senior leaders, advisory board and council members.
9 hours ago
GDP expanded 4.2% on an annualized basis in 2Q according to Bureau of Economic Analysis
9 hours ago