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Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

9] Such PLS bond investments fell into an accounting category where the capital of the GSEs had to reflect the market value declines of the bonds, which were quite severe, rather than the smaller but still significant actual losses that appeared over future years. [10] percent per year, less than half the rate of house price inflation. [5]

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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

6 The regulations covering NMSs do not subject them to strong enough prudential regulatory requirements to ensure they can operate in a safe and sound manner even during times of significantly adverse economic and market circumstances. The Report notes, by contrast, that the regulations that apply to banks are designed to do just that.

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A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

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. The trend continued for the next several years.

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The White House’s Focus on Closing Costs: Long Overdue and Worth the Fight (Part 2)

The Stoop (NYU Furman Center)

In Part 1 of this series, it was estimated that total closing costs for both buyer and seller accounted for at least 7 to 11 percent of the purchase price of a typical home, surpassing the average 6 to 7 percent down payment made by first-time homebuyers (FTHBs). The FHFA, from its founding in 2008 to 2021, was an independent regulator.

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Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)

The Stoop (NYU Furman Center)

For the buyer, closing costs vary significantly by state, reflecting different state regulations and laws. The cost of the lender’s title policy, which is paid by the homebuyer via a single, upfront payment made at the closing, will vary from state to state, reflecting that the states regulate title insurance.

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Saving the planet through procurement: Governments are identifying ways to use purchasing to achieve and support sustainability goals

American City & Country

According to the MarketLinks blog, Sustainable Public Procurement and the Business Environment , “taxpayers around the world are increasingly holding governments accountable to spend public funds for their social and economic benefit in a sustainable manner. Using equipment longer, or leasing when needed, is another way to reduce waste.

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Faced with Housing Shortages, Policymakers Test New Reforms To Increase Production

The Stoop (NYU Furman Center)

But in recent years, California’s state government has stepped in to accelerate housing production by reforming zoning regulations, removing some of the red tape that has slowed production, and cracking down on localities that have historically resisted densifying.

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