New Bottom Line member NPA takes over FHFA to demand principal reduction (part 2)

New Bottom Line member NPA takes over FHFA to demand principal reduction (part 2)

Right now, hundreds of families facing foreclosure and community leaders from across the country are delivering a 30" x 40" pink slip to Ed DeMarco, acting director of the Federal Housing Finance Agency. Despite broad public support and ample cause for his firing, President Obama has not yet fired DeMarco, so the American people are doing it themselves.