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)
MARCH 10, 2023
taxpaying public. 12 This means that the taxpayers are now officially (again, using FHFA calculations) earning a sub-standard return on their investment, providing what amounts to a large, hidden, and never-congressionally-approved economic subsidy to the GSEs, 13 which is not good public policy. Also, the 0.10
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