Obama Nominates Freddie VP as Federal Housing Commissioner

Associated Press

From Freddie Mac to the White House

From Freddie Mac to the White House

President Barack Obama has named a former Freddie Mac executive to head the federal housing commission.

The White House on Monday named David Stevens as assistant secretary at the Department of Housing and Urban Development. The position requires Senate confirmation and would put Stevens in charge of the government’s housing mortgage-insurance program.

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