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)
MARCH 11, 2024
A permanent solution to address the ongoing issues with Fannie Mae, Freddy Mac, and the Federal Home Loan Banks should, therefore, include the creation of what I will dub a “GSE Board” staffed by government employees. billion of losses by just four of the FHLBs in 2009 and 2010. See [link]. [21]
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