Remove 2008 Remove 2009 Remove Housing
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Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

The housing market has just experienced one of the largest upcycles in history. First, house prices increased by 57 percent 1 over the nearly nine years from their post-financial crisis bottom (2011 Q2) through the last quarter before the pandemic (2020 Q1). This rapid ascent was driven by multiple factors.

Housing 52
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A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. Everything seemed to work as planned—until 2008.

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Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

For example, in 2022 the Michigan State House and Senate passed a critical appropriation of over $75 million to a program supporting “blight elimination” across the state—the result of a joint effort between Community Progress and MALB—and later expanded that program by another $75 million. and the mortgage rate increased 5.6%

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The town (or place) that art saved(?): arts as revitalization versus arts as community building

Rebuilding Place in Urban Space

My entry on arts districts and arts as consumption versus arts as production is about this kind of approach (" Reprinting with a slight update, "Arts, culture districts and revitalization" ," originally 2009, revised 2019). The Drury students came up with the idea for the House of Art(s). Art House Baltimore is the name of the project.It

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What should the program for a Transportation Management District look like?

Rebuilding Place in Urban Space

While this might not be dense for a much bigger city, Sugar House is becoming the densest SLC neighborhood outside of downtown, especially along the Trax light rail line. Sugar House has some on Highland Drive, by Fairmont Park on 900 East, is adding more cycle tracks on 1300 East and other streets.

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

The Stoop (NYU Furman Center)

This means the far bigger influence comes from Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that are currently under the control 11 of the Federal Housing Finance Agency (FHFA). 1 FSOC was created by the Dodd-Frank Act in response to certain regulatory failings revealed by the financial crisis of 2007-2009.

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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

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.