The Stoop (NYU Furman Center)

SEPTEMBER 5, 2023

7] Because Congress had set up the GSEs through legislation, the Obama administration believed it was up to Congress to develop revisions to that legislation to eliminate these defects. Q3: Why was Congress unable to expeditiously pass legislation to correct those business model defects as a key step to ending conservatorship?

Legislation 102

Legislation 2008 2012 2019 102

The Stoop (NYU Furman Center)

AUGUST 2, 2023

In response, Democrats in California and Massachusetts, Republicans in Utah and Montana, and city governments across the country have enacted legislation designed to address the barriers that restrict new housing development. For example, in the 2014 planning cycle, the statewide target for housing growth was one million units.

Housing 92

Housing Laws 2007 Regulations 92

The Stoop (NYU Furman Center)

MARCH 10, 2023

percent) in 2014, after having been purposefully increased by the FHFA and the two GSEs in prior years. percent range since 2014, rather than being materially lower or higher, does not seem to be well understood in the industry or among policy specialists. percent to 0.49 percent to 0.49

2008 52

2008 2014 2019 Press Release 52