Mark Zandi, the chief economist for Moody's Analytics, has emerged as a contender to lead the Federal Housing Finance Agency as the White House searches for a replacement for Acting Direct Ed DeMarco, according to news reports.

Zandi, a registered Democrat, worked for Sen. John McCain's 2008 presidential campaign and has testified before Congress numerous times on housing issues, leading some analysts to believe he could win over the Senate Republican caucus and be confirmed.

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