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…
The homeownership rate – currently around 65 percent, a level first reached half a century ago – is broadly regarded by policymakers as a core measure of whether the US…
The homeownership rate is broadly regarded by policymakers as a core measure of how well the US socioeconomic system is delivering a good quality of life for the typical…
On March 15, Senator Pat Toomey (R-PA) issued a press release titled “Toomey Outlines Housing Finance Reform Principles” with the subtitle “Signals willingness to work with…
We are in the midst of a war between the government, companies, and not-for-profit organizations against the sharp economic downturn caused by the coronavirus pandemic. As a…
The homeownership rate, among the thousands of statistics that the government produces to describe the country’s economic and social health, has an exalted place among…
Fannie Mae and Freddie Mac, the two Government-Sponsored Enterprises (GSEs), are required by law to be residential mortgage monolines. However, after the 2008 Financial…
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…
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…
Edward Golding, Richard Green, Douglas McManus
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February 1, 2008
UCC08-6: This paper has two parts. First, we look at the various agents involved in the mortgage transaction—including borrowers, brokers, originators, rating agencies…
