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Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

In 2023, Michigan land banks mark two important milestones: 20 years since the passage of Michigan’s Land Bank Fast Track Act and incorporation of the 50th land bank in the state. In 2003—with the expert guidance of another future Community Progress co-founder, Frank S. and the mortgage rate increased 5.6%

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 trillion of assets) and are the most well-known and studied GSEs.

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