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What Do Runaway Home Prices Mean for the US?

Don Layton • October 6, 2021

On September 28, the Federal Housing Finance Agency (FHFA), the regulator of Freddie Mac, Fannie Mae, and the Federal Home Loan Banks, reported its monthly index of house…
Working Papers

How Deep Is the ‘Economic Moat’ Around the Two GSEs?

Don Layton • September 18, 2019

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…
Working Papers

America's Working Communities and the Impact of Multifamily Housing

Alexander von Hoffman, Eric Belsky, James DeNormandie, Rachel G. Bratt • June 1, 2004

W04-5: This paper was prepared to provide background information for a conference sponsored by the Neighborhood Reinvestment Corporation entitled The Vitality of America…