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Growth vs. shrinking | young vs. old | urban vs. suburban | historic preservation vs. limited building regulation. DC's core is comprised of rowhouses and apartment buildings, while the outer city is a mix of attached and detached single family housing and clusters of apartments, especially on arterials. City revival. U Street NW.
Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 mortgage originations.
Introduction The Federal Home Loan Bank (FHLB) System 1 is a relatively unknown but important part of America’s housing and financial system, with over $1 trillion in assets. It was established by Congress in 1932 and today consists of 11 regional FHLBanks that operate as one system, cross-guaranteeing each other’s debts.
Once-thriving middle-class neighborhoods with much history, shops, solid housing stock, and cultural treasures transitioned almost overnight into vacant and abandoned streets and retail strips. 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.
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