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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)

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. Or is it just a case, in a highly politicized industry, of a politically convenient advocacy rationale to justify not increasing G-fees? The two portfolios together peaked at over $1.5

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