Dec 11 - The American Bankers Association has released the following statement by President and CEO Frank Keating on the confirmation of Mel Watt as Federal Housing Finance Agency director.
“Rep. Mel Watt’s decades of public service will serve him well as director of the Federal Housing Finance Agency. We appreciate his service as a member of the House Financial Services Committee and his extensive work on housing finance issues. We look forward to working closely with FHFA under his new direction.”