The Stoop (NYU Furman Center)

MARCH 11, 2024

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. Additionally, a decade later in 1999, legislated changes were made that included broadening the asset types that could be used as collateral to secure FHLB advances.

2008 59

2008 Regulations Housing Legislation 59

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. 3 This business model is very complex.

Government 52

Government 2008 Housing Implementation 52

AWS Public Sector Blog

MARCH 13, 2024

CSS built and now operates the largest and most advanced mortgage securitization platform in the US, supporting Freddie Mac and Fannie Mae’s 70 percent market share of the industry with flexibility, scalability, and security at its core. million in total annual AWS run rate cost optimization by the end of 2023. Plus, CSS realized $10.7

2013 65

2013 Housing Operations 2019 65