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

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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?