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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)

He referred to 12 the tension between their profit-making and their public sector mission as “the inherent conflict and flawed business model embedded in the GSE structure,” resulting in a “conflict of interest attempting to serve both shareholders and a public mission.” mortgage originations.

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