The Stoop (NYU Furman Center)

MARCH 11, 2024

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. billion for fiscal 2024.

2008 59

2008 Regulations Housing Legislation 59

The Stoop (NYU Furman Center)

MARCH 4, 2024

Second, it’s unreasonable to assume the design could work effectively through many decades of often unpredictable changes in markets, legislation, and regulation. 11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008.

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