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
trillion in 2016, which at the time was almost twice the size of the Federal Reserve’s balance sheet and became the largest source of GSE profits. 2] For an explanation of why it is so closely watched, see the Addendum at the end of this document. [3] The two portfolios together peaked at over $1.5 Excluding the $0.4
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