The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)
The Stoop (NYU Furman Center)
MARCH 4, 2024
3 The release of the FHFA report has also sparked a flurry of articles, op-eds, and think tank reports either supporting or countering some or all the recommendations. This two-part article argues that the root cause of their need for reform is a fundamental flaw in Congress’ design of GSEs. 24 Excessive executive compensation.
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