Joint Letter to FHFA Director Watt to suspend the quarter dividend sweep and direct Fannie Mae and Freddie Mac to develop capital restoration plans

June 18, 2018 The Honorable Mel Watt Director Federal Housing Finance Agency 400 7th Street, SW Washington, DC 20024 Dear Director Watt: The signatories below represent civil rights organizations and trade associations of community banks, builders, and independent mortgage lenders. Under your leadership, Fannie Mae and Freddie Mac have made … Continue reading