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Donovan: Obama Can't 'Fire' FHFA's DeMarco

by Rob Blackwell
AUG 2, 2012 1:52pm ET
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The HUD secretary said the president disagreed with Ed DeMarco's refusal to allow Fannie Mae and Freddie Mac to engage in principal reductions, but suggested there was little that could be done short of hoping the FHFA chief changes his mind.

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