The director of the newly formed Office of Federal Housing Enterprise Oversight has signaled her intent to fashion a durable regulatory harness for Fannie and Freddie by revealing an ambitious plan to staff her agency from the private sector and writing new specialized examination procedures.

Expressing her plan to seek out lawyers with regulatory experience, as well as insiders from the investment banking industry, Aida Alvarez outlined her ideas for supervising the two secondary mortgage market giants during an exclusive interview with The Mortgage Marketplace Aug.17.

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