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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)

The GSE Background Over a century ago, Congress began creating public-private hybrid corporations known as government-sponsored enterprises. Second, it’s unreasonable to assume the design could work effectively through many decades of often unpredictable changes in markets, legislation, and regulation. mortgage originations.

2008 88
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COVID-19: The Digital Divide (with Lloyd Levine)

Policy Chats

In this episode, President of Filament Strategies LLC and former member of the California State Legislature, Lloyd Levine talks with students from the UC Riverside School of Public Policy about the effects of COVID-19 on students, legislation, and non-essential business.

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COVID-19: The Digital Divide (with Lloyd Levine)

Policy Chats

In this episode, President of Filament Strategies LLC and former member of the California State Legislature, Lloyd Levine talks with students from the UC Riverside School of Public Policy about the effects of COVID-19 on students, legislation, and non-essential business. Music by: Samuel Roberts (UCR Public Policy ‘20).

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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)

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. billion for fiscal 2024.

2008 59
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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

Conservatives were very vociferous in opposing the changes, most notably in two prominent Wall Street Journal editorials: “Upside Down Mortgage Policy” (April 22, 2023) and “Spinning Federal Mortgage Fees” (April 28, 2023). 16 Lawsuits by state-level Republican officials were also threatened.

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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)

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. taxpaying public. Second, if and when the GSEs exit conservatorship and are re-privatized, it will be necessary for public market shareholders at that time (who would then be replacing U.S.

2008 52
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Federalism and the Detroit Bankruptcy Case

Public Policy Blog

USA Today reports that some bankruptcy experts have predicted that Detroit’s case could last as long as three years [a large Californian case in Vallejo took one year to decide if it was even ELIGIBLE for bankruptcy in 2008 then another three years to be released from bankruptcy protection granted].

Laws 52