A.G. Schneiderman Op-Ed: President Should Replace FHFA Acting Director Today To Further The Housing Recovery

NEW YORK, NY – May 9, 2013 – (RealEstateRama) — Attorney General Eric T. Schneiderman today published anop-ed in the New York Daily Newsurging President Obama to appoint a new acting director of the Federal Housing Finance Agency to replace current Acting Director Edward DeMarco, whose policies have stifled the delivery of relief to thousands of Americans facing foreclosure. The op-ed notes that, while the President awaits the confirmation hearings of his nominee for FHFA Director, he can replace Acting Director DeMarco with a deputy director. The following are excerpts of the article