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. Specifically: Freddie Mac's earnings press release for full year 2019 (but not since) disclosed that the CCF required, on average during that year, was $52 billion. 27] See Freddie Mac 2019 Full-Year Earnings press release, page 6, [link].
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