(RECAP: The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees. The FHFA suspended plans to raise so-called G-fees in January because the agency’s new director, Mel Watt, said more study was required. At a Senate hearing, where Republican lawmakers criticized the decision to delay the fee increases and expressed concern over a new plan to allow lower down payments on government-backed mortgages, Watt defended his more cautious approach.)