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

The Stoop (NYU Furman Center)

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. This was publicly disclosed by Treasury Secretary Mnuchin in 2019.

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Faced with Housing Shortages, Policymakers Test New Reforms To Increase Production

The Stoop (NYU Furman Center)

But in recent years, California’s state government has stepped in to accelerate housing production by reforming zoning regulations, removing some of the red tape that has slowed production, and cracking down on localities that have historically resisted densifying. Marantz, UC Irvine, Christopher S. Elmendorf, UC Davis, and Youjin B.

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