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)
MARCH 4, 2024
That’s because both are government-sponsored enterprises (GSEs). 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.
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