The Stoop (NYU Furman Center)

MARCH 4, 2024

Second, it’s unreasonable to assume the design could work effectively through many decades of often unpredictable changes in markets, legislation, and regulation. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 25] He resigned in 2004 due to accounting irregularities. [26]

Legislation 93

Legislation Housing Regulations Operations 93

The Stoop (NYU Furman Center)

MARCH 11, 2024

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. billion for fiscal 2024.

Regulations 59

Regulations Housing Legislation Community Development 59

Center for Community Progress

JUNE 6, 2022

The government land banks’ ability to transact these properties is more regulated and less flexible when it comes to property disposition compared to private-entity transactions. This number rose to 8,700 in 2003, 9,700 in 2004, 13,943 in 2006, and 14,946 in 2007. Everything seemed to work as planned—until 2008.

Legislation 52

Legislation Operations Elected Officials Laws 52