The Stoop (NYU Furman Center)
MARCH 4, 2024
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. ” The Pre-2008 Fannie Mae and Freddie Mac F&F were relatively small prior to the Savings & Loan (S&L) Crisis of 1989, having only a single-digit market share of funding U.S.
GovLoop
JULY 27, 2023
When Mitch Daniels took office as Indiana’s Governor in 2005, one of the top items on his agenda was reforming the Bureau of Motor Vehicles (BMV). percent” in 2008, according to a study by the Sagamore Institute. The team cut the online prices $5.00 below those of a visit to a branch, and online volume shot up,” the institute found.
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The Stoop (NYU Furman Center)
MARCH 10, 2023
In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. This all ended in 2008, when even the most ardent GSE defenders in Congress went quiet as the two companies collapsed into conservatorship. public comment periods) were bypassed.
The Stoop (NYU Furman Center)
MAY 31, 2023
every borrower paying the same interest rate), its regulators would cite it for engaging in an unsafe and unsound practice. It already engages in various targeted policy subsidies related to its special mission. This claim is simply untrue. Such low-return LMI programs first show up in two Congressionally-mandated programs.
The Stoop (NYU Furman Center)
APRIL 29, 2024
The lawsuit alleged that the defendants engaged in practices to restrict price competition in single-family brokerage commissions, in particular for homebuyers. Of note, during the height of the bubble (2005 and 2006), the average downpayment by an FTHB actually decreased to just two percent. Fannie Mae, Freddie Mac, etc.)
Public Policy Blog
JANUARY 3, 2014
Because social media can increase the perceived social and public equity, users are more likely to engage in active participation. 2013; Bennett, Breunig, & Givens, 2008). Marginalized peoples and communities are using social media to magnify on-the-ground social movement actions and create collective action.
Rebuilding Place in Urban Space
NOVEMBER 14, 2023
In 2005, I served on the advisory committee for the International Public Markets Conference which covered both DC and Baltimore that year, led a tour, etc. I first proposed to the city creating TMDs in 2005/2006. We did this in 2008 or 2009. They still haven't. I mentioned it over time. Rumsey Underground: Arts.
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