Ex-Fannie-Freddie Overseer DeMarco Joins Milken Institute

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Edward J. DeMarco, who worked to shrink Fannie Mae and Freddie Mac as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute’s Center for Financial Markets.

The career government employee says he’ll still be pushing for an overhaul of the nation’s housing-finance system in his position at the Washington office of the nonpartisan organization founded by financier Michael Milken and based in Santa Monica, California.