After his criticism last month of Republican bills to unwind Fannie Mae and Freddie Mac, the regulator of the two government-sponsored enterprises made clear Wednesday he does not believe the latest round of bills is much better.

Edward DeMarco, acting director of the Federal Housing Finance Agency, returned to the House Financial Services' capital markets subcommittee to weigh in on seven House GOP proposals unveiled last week, including measures to restrict legal fees paid on behalf of GSE employees and subject the mortgage giants to the Freedom of Information Act.

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