Over the past decade, Congress and most housing finance policy developers and commentators have overwhelmingly focused on reform of the government-sponsored enterprises (GSEs…
Ever since the dust settled from the 2008 financial crisis, there has been focus in Washington on what to do with the two main government-sponsored enterprises (GSEs),…
When I joined Freddie Mac as CEO in 2012, I knew that, despite it being a giant company with $2 trillion in assets, it was nevertheless disadvantaged versus its main…
New stress test results for the two government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae, released on August 15, did not seem to get much media coverage beyond…
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…
The GSE reform question, i.e. how should the government-sponsored enterprises of Fannie Mae and Freddie Mac end their conservatorships, has proven to be one of the most…
The Federal Housing Finance Agency (FHFA) on February 16 released its 2021 Scorecard for the government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae. The scorecard…
Credit risk transfer (CRT) has become, in relatively quick order, a core component of the business model of the two Government-Sponsored Enterprises (GSEs), Freddie Mac and…
This third installment about demystifying single-family mortgage credit risk transfer (CRT) by the government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae…
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 some…
