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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 is considered one of America’s government- sponsored enterprises (GSEs), i.e., public-private hybrid corporations created by Congress and authorized to engage only in a narrowly-tailored set of activities. government and its exemption from income taxes at the federal, state, and local levels. 17 Denial of the subsidy.

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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)

That’s because both are government-sponsored enterprises (GSEs). The GSE Background Over a century ago, Congress began creating public-private hybrid corporations known as government-sponsored enterprises. government, allowing them to borrow at near-Treasury rates, lower than any regular private sector company or bank could.

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The GSE Conservatorships: Fifteen Years Old, With No End in Sight

The Stoop (NYU Furman Center)

This week, September 6 to be exact, marks the fifteenth anniversary of Freddie Mac and Fannie Mae – the two government-sponsored enterprises (GSEs) - being placed into conservatorship by the Federal Housing Finance Agency (FHFA). [1] Q1: What problem was the government trying to solve when it placed the two GSEs into conservatorship?