Today, more than twelve years into conservatorship, the path forward for the reform of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), is in many…
The Financial Stability Oversight Council (FSOC), a committee of federal financial regulators chaired by the Secretary of the Treasury, announced in July that it was going to…
The Financial Stability Oversight Council (FSOC) announced in mid-July it would at last do a review of the secondary mortgage market. For many decades, housing finance policy…
The Financial Stability Oversight Council (FSOC), a committee of federal financial regulators created by the Dodd-Frank Act of 2010 and chaired by the secretary of the…
In February of this year, the Federal Housing Finance Agency (FHFA), regulator of Freddie Mac, Fannie Mae, and the eleven Federal Home Loan Banks (FHLBs), put out a request…
The Federal Home Loan Bank (FHLB) system consists of eleven regional banks that are cooperatives owned by their members, which their congressional charters currently specify…
My third, and final, paper demystifying the single-family mortgage credit risk transfer (CRT) program of the government sponsored enterprises (GSEs) Fannie Mae and Freddie…
This third installment about demystifying single-family mortgage credit risk transfer (CRT) by the government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae…
As the economic impact of the pandemic continues, one of the biggest issues to emerge in housing finance is the availability of mortgages. Media reporting and policy…
As the economic impact of the pandemic continues, one of the biggest issues to emerge in housing finance is the availability of mortgages. Media reporting and policy…
