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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)

The GSEs were authorized by congressional legislation to perform a very specific set of activities, primarily focused on providing loans to consumers or businesses for a designated purpose, and mostly related to real estate and housing. the legislation establishing them). mortgage originations.

2008 88
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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)

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. This works as follows.

2008 59
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State of the Nation - a UK Perspective on Covid-19

Disaster Planning and Emergency Management

The scenario for this pandemic (excluding the recovery) was fully formulated over the period 2003-2009. Its replacement with a long and rambling piece of ad hoc legislation that veers from the draconian to the incomprehensible and back again is more reminiscent of North Korea or Belarus than it is of a western democracy.

2008 52