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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). mortgage originations. mortgage originations.

2008 88
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Revisiting what I wrote about in 2010/2012 back to the fore: regional cultural funding in Greater Detroit

Rebuilding Place in Urban Space

In 2010 and 2012 I wrote about such initiatives for the Detroit Zoo (actually located in Oakland County) and the Detroit Institute of Arts, which were caught up in the city's bankruptcy. mill tax for the Detroit Zoo they approved in 2008. Brooks Patterson (" The rise of Oakland County is built on Detroit's Fall ") died).

2010 52
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The GSE Conservatorships: Fifteen Years Old, With No End in Sight

The Stoop (NYU Furman Center)

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. 7] Because Congress had set up the GSEs through legislation, the Obama administration believed it was up to Congress to develop revisions to that legislation to eliminate these defects.