WASHINGTON - Stephanie Smith, named by HUD to monitor the affordable-housing performance of Fannie Mae and Freddie Mac, is a housing activist who is unlikely to be content with a passive role.

Washington observers said Ms. Smith, a program officer at the Local Initiatives Support Corp., would probably push Fannie Mae and Freddie Mac to do more in affordable-housing market and has the front-line experience to show them how.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.