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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)

The GSEs were authorized by congressional legislation to perform a very specific set of activities, primarily focused on providing loans to consumers or businesses for a designated purpose, and mostly related to real estate and housing. the legislation establishing them). A few of the recommendations require legislation by Congress. [4]

2008 88
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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

trillion in 2016, which at the time was almost twice the size of the Federal Reserve’s balance sheet and became the largest source of GSE profits. Not surprisingly, the two companies highly prioritized protecting those subsidies, which meant maintaining political support in Congress to ensure no legislation was passed to take them away.

2008 52