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

The Stoop (NYU Furman Center)

This week, September 6 to be exact, marks the fifteenth anniversary of Freddie Mac and Fannie Mae – the two government-sponsored enterprises (GSEs) - being placed into conservatorship by the Federal Housing Finance Agency (FHFA). [1] government (i.e.,

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How to Address Homelessness: Reflections from Research

The Stoop (NYU Furman Center)

A central finding of the review is that current research illustrates the importance of structural, or macro, causes of homelessness, and the need for policy responses that ameliorate high housing costs, low incomes, and income inequality. 2019 ; Collinson and Reed, 2017 ). 2021 ; Gubits et al.

Housing 52
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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)

The average guarantee fee (G-fee) of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), who currently finance about half of the nearly $13 trillion of outstanding first-lien single-family mortgages in the country, 1 is among the most closely-watched numbers by housing finance policymakers and the mortgage lending industry.

2008 52
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What is the competitive advantage for the post-covid city? Doubling down on place values

Rebuilding Place in Urban Space

Five are under the city-- Liberty, Pioneer, Fairmont, Jordan, and Sunnyside, and one, Sugar House, is owned by the city and county both, and run by an independent authority (I'm on the board). Over time, Minneapolis made complementary investments of its own, light rail was added to the program, and the city's decline was reversed.

2016 52
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Eastern Market DC's 150th anniversary last weekend | And my never realized master plan for the market

Rebuilding Place in Urban Space

This was proposed a number of years ago for EM, first in the Barry Administration and then around 2012-2013, but the vendors fought it, with the support of now Mayor Muriel Bowser. We did this in 2008 or 2009. Cannon's Steak House was a premier restaurant in the old Florida Market District, just like St. Anselm's is today.