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President Obama is close to naming a replacement for acting FHFA Director Edward DeMarco, who has served in the post since 2009. The administrations has been vetting a short list of candidates including Mel Watt, a Democratic congressman from North Carolina, and Mark Zandi, chief economist at Moody’s, among others. Although there's no leading candidate, a nomination could come as soon as background checks are complete.

President Obama is close to naming a replacement for acting FHFA Director Edward DeMarco, who has served in the post since 2009. The administrations has been vetting a short list of candidates including Mel Watt, a Democratic congressman from North Carolina, and Mark Zandi, chief economist at Moody’s, among others. Although there's no leading candidate, a nomination could come as soon as background checks are complete. Post your comment!

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