Will the GSEs Repeat 2007 - 2009’s Large Losses?
The Stoop (NYU Furman Center)
NOVEMBER 7, 2022
They have a credit box 8 that is akin to what existed around 2000 - 2002, i.e., before the GSEs loosened it up as mortgage bubble distortions showed up. Prior to 2013, when the first CRT transactions were done, this information was kept confidential. [11] These reforms also include major changes to how the GSEs do their business.
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