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

The Stoop (NYU Furman Center)

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). By comparison, median household income was rising from 2016 through 2020 by only 2.6 This is a compounded annual growth rate (CAGR) of 5.98

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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)

2 In November of last year, the Federal Housing Finance Agency (FHFA), the regulator and conservator of the two companies, issued its annual report on their G-fees (the G-fee Report), covering calendar year 2021. This clear policy standard for setting the average G-fee was, however, thrown into some uncertainty in 2020. percent to 0.49

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