Statement from NAHB Chairman on the White House Nomination of Rep. Mel Watt
The following is a statement from NAHB Chairman Rick Judson, a home builder and developer from Charlotte, N.C., on the nomination of Representative Mel Watt (D-N.C., 12th District) to be the head of the Federal Housing Finance Agency (FHFA):
"We applaud the nomination of Representative Watt to this important position. After four years in conservatorship, the future of Fannie Mae and Freddie Mac stand at a crossroad.