The GSE Conservatorships: Fifteen Years Old, With No End in Sight
The Stoop (NYU Furman Center)
SEPTEMBER 5, 2023
One, it placed the companies into conservatorship, an obscure legal status in which they would continue to operate, but with their regulator, the FHFA, [3] in operational control of the companies in lieu of their stockholders and boards of directors. The Bush administration, therefore, did two things.
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