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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., trillion amount.

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Manufactured Housing Is a Good Source of Unsubsidized Affordable Housing - Except When It’s Not: Key Facts and Figures, and Some Unusual Economics (Part 1)

The Stoop (NYU Furman Center)

Photo of a manufactured housing neighborhood Introduction Manufactured Housing (MH), the official name for what have historically been called mobile homes, comprises the most prominent type of factory-built housing in the US. housing stock, including both owner- and renter-occupied housing.

Housing 52
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Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

The housing market has just experienced one of the largest upcycles in history. First, house prices increased by 57 percent 1 over the nearly nine years from their post-financial crisis bottom (2011 Q2) through the last quarter before the pandemic (2020 Q1). This rapid ascent was driven by multiple factors.

2007 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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Revisiting what I wrote about in 2010/2012 back to the fore: regional cultural funding in Greater Detroit

Rebuilding Place in Urban Space

This is another side of the argument in " The real lesson from Flint Michigan is about municipal finance " (2016) in how the funding systems for local governments were created when cities were growing and successful, and we don't have new funding systems focused on the reality of current conditions. But these are the basic ones. Conclusion.

2010 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

I stepped down when we moved to Salt Lake in late 2019, although I thought at the time somehow I'd be maintaining residences in both places. Master Plan contract, 2019. 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.

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Optimizing the US mortgage market with AWS

AWS Public Sector Blog

The UMBS makes up 70 percent of the total MBS market in the US and was established in the wake of the 2008 financial crisis to provide stability, liquidity, and resiliency in the US housing market. CSS delivers an industry-critical function and is regulated by the Federal Housing Finance Agency (FHFA).

2013 65