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
The FHFA just recently announced the last such cross-subsidy changes in January 2023. In this case, that means that primary market lenders, a very important constituency in the U.S. During much of conservatorship (specifically 2012 to 2019), strangely, capital was depleted by design. percent in 2014 and then stayed in the 0.44
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