Washington, DC – December 12, 2012 – (RealEstateRama) — Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced that Stephen Cross, FHFA’s Deputy Director of the Division of Federal Home Loan Bank Regulation, will retire from the Agency in March, 2013. An important part of FHFA’s leadership team since the Agency was created, Cross has served in the position since October 2008. In addition to leading FHFA’s program for regulating and supervising the Federal Home Loan Banks, Cross also served as the acting Chief Operating Officer from September 2009 to December 2011.
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