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Edward DeMarco  

Former Director of the Federal Housing Finance Agency; Senior Fellow in Residence at the Milken Institute Center for Financial Markets

Ed DeMarco is a senior fellow in residence at the Milken Institute Center for Financial Markets, where he researches issues involving housing finance, housing policy and financial institution regulation. He is a widely sought expert and frequent public speaker on housing finance. In 2015 he was a visiting professor at the Owen Graduate School of Management at Vanderbilt University.

From 2009 to 2014, DeMarco served as acting director of the Federal Housing Finance Agency (FHFA), the conservator for Fannie Mae and Freddie Mac and regulator of those companies and the Federal Home Loan Banks. He was named HousingWire magazine’s Person of the Year in 2012 for his impact on housing finance. Previously, DeMarco was chief operating officer and senior deputy director of the FHFA and its predecessor agency from 2006 to 2009.

DeMarco’s federal service also included the Social Security Administration (2003 to 2006), where he was assistant deputy commissioner for policy; the Treasury Department (1994 to 2003), where he was director of the Office of Financial Institutions Policy; and the General Accounting Office (1986 to 1994). He received a B.A. in economics from the University of Notre Dame and a Ph.D. in economics from the University of Maryland.

Speech Topics


Anticipating Housing Finance Reform 2.0

With the arrival of a new Administration and a new Congress in January, policymakers are preparing for a renewed effort on housing finance reform. What lessons have been taken from the 2013-14 legislative effort and what might we expect to be different this time around? Are there different considerations with regard to a market for mortgage credit risk, focus on affordable housing, and attention to the rental market this time around?

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