Mark Calabria takes over as FHFA director, begins push for housing finance reform

After being confirmed by the Senate earlier this month, Mark Calabria officially took over Monday as the director of the FHFA, the federal agency charged with overseeing Fannie Mae, Freddie Mac, and much of the U.S. housing finance system. And in remarks delivered at his swearing in ceremony at the FHFA, Calabria emphasized the pressing need for housing finance reform.