Official At Housing Regulator Threatens
Former Boss, Faces Charges
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[May 07, 2014]
WASHINGTON (Reuters) - An official
at the agency that regulates mortgage fund distributors Fannie Mae and
Freddie Mac allegedly threatened to kill its former acting head last
week and is now facing felony charges, according to police and court
Richard Hornsby, the Federal Housing Finance Agency's chief
operating officer, was angered by an issue regarding job performance
ratings and made violent remarks on April 29 to another employee, in
which he threatened former acting director Edward DeMarco, a source
familiar with the incident told Reuters.
Hornsby said he would "blow the brains (of DeMarco) and then off
himself," a Metropolitan Police Department report said.
After learning of the threat, DeMarco was escorted from the agency
headquarters to a secure location, according to the police report.
DeMarco, who left the agency as previously planned on April 30,
declined to comment on the matter. A spokesman for the agency said
he could not comment on a personnel matter.
Hornsby was arrested and appeared before D.C. Superior Court on
April 30, and was released on bond with a restraining order to keep
him from approaching DeMarco, according to court documents. He faces
The incident and charges were first reported by the Wall Street
Journal on Tuesday.
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Hornsby started at the agency in 2011 after working 26 years at the
Federal Reserve Bank of San Francisco. DeMarco served as the
agency's acting head from August 2009 until this January, when he
agreed to stay on until May to help the new director, Mel Watt, in
(Reporting By Julia Edwards and Margaret Chadbourn; Editing by
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