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Acting FHFA Head Spares Details On Plans In Reply To Dems

Law360 (January 31, 2019, 10:13 PM EST) -- A senior U.S. banking regulator who is also serving as acting head of the Federal Housing Finance Agency told two top congressional Democrats on Wednesday that he welcomes their input as the agency begins thinking about what to do with Fannie Mae and Freddie Mac but provided little more in the way of specifics.

In a letter, Joseph Otting, who leads the Office of the Comptroller of the Currency and has been serving as acting director of the FHFA since early January, played his cards close to the vest in replying to last week's request for information from House Financial Services Committee...

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