Remove 2008 Remove 2023 Remove Housing Remove Information
article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

Introduction The Federal Home Loan Bank (FHLB) System 1 is a relatively unknown but important part of America’s housing and financial system, with over $1 trillion in assets. 2 Those findings included information and analysis that validated many of the criticisms. Part 1 of this two-part paper describes this more fully.

2008 59
article thumbnail

Fiscal Impacts from COVID-19–Revenue Structure Matters

Death and Taxes

We started reviewing the revenue structures of all municipalities in Florida from 2008 to 2018, considering recession exerts different impacts on each revenue source. Although the residential housing market continues to be hot, the commercial property might be a concern in the future as a result of the possible working modality change.

article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. 11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008.

2008 78
article thumbnail

Updating the best practice elements of revitalization to include elements 7 and 8 | Transformational Projects Action Planning at a large scale

Rebuilding Place in Urban Space

1) neighborhood/district/city/county wide as part of a master plan; (2) within functional elements of a master plan such as transportation, housing, or economic development; and (3) within a specific project (e.g., Transformational Projects Action Planning. Action Planning is a framework with five inter-connected components: 1.

article thumbnail

Advancing connector technologies for multicore optical fibres

Open Access Government - Technology News

Ryo Nagase, Professor from Chiba Institute of Technology in Japan, highlights research concerning advancing connector technologies for multicore optical fibres, starting with an informative introduction Japan has been leading the development of optical communication technology from when the field first emerged.

2012 52
article thumbnail

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
article thumbnail

Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

The Federal Housing Finance Agency (FHFA), the regulator and conservator of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), has been very prominently in the news lately. The changes then became the subject of hearings and legislation in the Republican-controlled House of Representatives to reverse the changes.