The Hill News

Rep. Elijah Cummings (D-Md.) continued to apply pressure in his campaign to get Federal Housing Finance Agency acting Director Edward DeMarco â€" who oversees mortgage giants Freddie Mac and Fannie Mae â€" to offer a debt-reduction program for those struggling to pay their mortgages, suggesting again Monday that DeMarco should resign.

"Yeah, I think he should … I've told him that," Cummings said when asked by MSNBC host Mika Brzezinski if DeMarco should resign.

Cummings has been a frequent critic of DeMarco, who has been reluctant to support the principal reduction program championed by Democrats in Congress. DeMarco has said that the program might not be within his legal authority and could threaten the mortgage giants' solvency, but Cummings contests that the strategy would reinvigorate a struggling housing market.

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