The GSE Conservatorships: Fifteen Years Old, With No End in Sight
The Stoop (NYU Furman Center)
SEPTEMBER 5, 2023
the market expectation that the government would not let the companies fail) [2] rather than their own capital strength to sustain the near-government quality market access needed for their business model to work. This included: Developing an updated capital requirement broadly consistent with post-2008 bank regulatory requirements. [9]
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