The Stoop (NYU Furman Center)

MARCH 10, 2023

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. 7 Both the capital requirement and the needed level of market return were determined by the FHFA, then under the directorship of Mel Watt 8 (2014 to very early 2019).

2008 52

2008 2014 2019 Press Release 52

The Stoop (NYU Furman Center)

APRIL 3, 2023

Another source of misleading conclusions, whether intended or not, is based upon selecting the recent pandemic-distorted period of time to compare prices, as seen in a 2021 Washington Post article, 19 where an example from 2019 to 2021, possibly the most rapidly increasing home price period in modern history, 20 is given. ” [link]. [26]

Housing 59

Housing Article 2018 Government 59

The Stoop (NYU Furman Center)

SEPTEMBER 5, 2023

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.

Legislation 101

Legislation 2008 2012 2019 101