The big question of 2014: Will Mel Watt reverse Fannie, Freddie fee hikes?

There's one sure way to make a credit disaster worse: Choke what little remains

On his way out the door Edward DeMarco, the outgoing head of the Federal Housing Finance Agency, announced another round of loan-level pricing hikes and increased Fannie and Freddie’s securitization guarantee fee, now triple its pre-bubble percentage. The big housing question in 2014: will DeMarco’s successor, Mel Watt, begin to reverse the damage?