Senate Confirms Calabria as Head of FHFA
The U.S. Senate today confirmed Mark Calabria as the director of the Federal Housing Finance Agency by a 52-44 vote. Calabria will oversee, among other things Fannie Mae and Freddie Mac. Calabria will serve a five-year term and he succeeds Mel Watt, whose term ended in January. Calabria previously was the chief economist for Vice President Mike Pence.
Learn more about Calabria’s impact on the affordable housing market and more at the Novogradac 2019 Affordable Housing Conference.