8/31/2011

Edward DeMarco has become the accidental head of the Federal Housing Finance Agency, a position that puts him at the eye of the housing-market storm. Mr. DeMarco is under pressure to make changes that would help stimulate the housing market as well as the broader economy, but he's aware that some ideas come with significant pitfalls. "It is a very slippery slope to say, 'Well, this would help,' " he said.

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