The Stoop (NYU Furman Center)
MARCH 4, 2024
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). mortgage originations.
Disaster Planning and Emergency Management
OCTOBER 23, 2020
There were major exercises on pandemics in 2005, 2007 and 2016. Its replacement with a long and rambling piece of ad hoc legislation that veers from the draconian to the incomprehensible and back again is more reminiscent of North Korea or Belarus than it is of a western democracy.
The Stoop (NYU Furman Center)
MAY 31, 2023
Over the near century of evolution of this dominant government role, the business model used by all four agencies has come to rely on packaging those loans into mortgage-backed securities (MBS) and then guaranteeing the investors in the MBS against credit losses on the underlying mortgage loans. the legislation that established them).
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