Will the GSEs Repeat 2007 - 2009’s Large Losses?
The Stoop (NYU Furman Center)
NOVEMBER 7, 2022
It just reflects their net worth increasing steadily since the government allowed the two GSEs to retain their earnings beginning in mid-2019. I have found, in a variety of recent articles, the 10 to 15 percent range for housing price declines (i.e., 11] This excludes a 0.10 I note that the stress test uses a much larger 28.5
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