James Lockhart, the director of the Federal Housing Finance Agency, is expected to announce his resignation very soon, the American Banker reported Wednesday, citing several sources. The timing of his departure is unclear, though sources said Lockhart may remain on the job until the end of September. Representatives from the Finance Agency and the Treasury did not immediately respond to requests for comment. Ed DeMarco, the Finance Agency's senior deputy director and chief operating officer, is expected to lead the agency on an interim basis.

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