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OFHEO |
Also found in: Financial | 0.02 sec. |
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Lockhart III, the director of OFHEO since last June, may be just that type of regulator. Robert Kleinhenz, deputy chief economist at the California Association of Realtors, notes that the OFHEO third-quarter numbers show that California has the nation's third-highest housing price, putting it ahead of Hawaii (seventh) and Alaska (39th). This placement of preferred stock is a key component of Fannie Mae's capital restoration plan," said Donald Marron, the member of the Board of Directors who is leading the company's work with OFHEO on the required capital plan. |
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