The Stoop (NYU Furman Center)

MARCH 4, 2024

Part 1 covers some general background information on GSEs as well as the extremely relevant precedent set by the reforms imposed by the FHFA upon F&F in reaction to the most well-known case where the public-private hybrid GSE design had quite visibly flunked. As an example of their lobbying power, in 2004 and 2005 the George W.

2008 88

2008 Legislation Housing 2004 88

The Stoop (NYU Furman Center)

SEPTEMBER 5, 2023

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. This included: Developing an updated capital requirement broadly consistent with post-2008 bank regulatory requirements. [9] government (i.e., trillion amount.

Legislation 105

Legislation 2008 2012 2019 105

The Stoop (NYU Furman Center)

MARCH 11, 2024

2 Those findings included information and analysis that validated many of the criticisms. 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. Importantly, the FHFA Report made many recommendations to address them.

2008 59

2008 Regulations Housing Legislation 59