As 2019 ends, the two Government-Sponsored Enterprises (GSEs) Freddie Mac and Fannie Mae finally have some momentum in ending their conservatorships, the legal status under…
A significant feature of America’s residential mortgage system is its heavy politicization. This case study is about one long-running, specific aspect of that politicization…
The housing finance policy community had thrown around all sorts of ideas about how to move forward after the two GSEs were placed in conservatorship in the 2008 Financial…
Michael Stegman, Richard Cooperstein
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October 9, 2019
With the passing of the eleventh anniversary of GSE conservatorship and the release of the administration’s long-awaited housing finance reform plans, longstanding…
There are four big issues the Federal Housing Finance Agency, the regulator of Freddie Mac and Fannie Mae, will need to address to finalize its proposed minimum required…
Governing authorities in cities around the world are facing challenges to incentivize compact and more inclusive cities through investments in social housing. This paper…
The US Treasury released on September 5th its much-awaited plan for reform of the Government-Sponsored Enterprises (GSEs) of Freddie Mac and Fannie Mae. As directed by the…
When policymakers focus on legislative reform of the two major government-sponsored enterprises (GSEs), a core principle widely espoused is to increase competition, to get…
Evidence is accumulating that the multiple layers of exclusionary zoning and land use controls are a powerful contributor not just to higher housing costs, but also to…
Over the past decade, Congress and most housing finance policy developers and commentators have overwhelmingly focused on reform of the government-sponsored enterprises (GSEs…