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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008. ” The Pre-2008 Fannie Mae and Freddie Mac F&F were relatively small prior to the Savings & Loan (S&L) Crisis of 1989, having only a single-digit market share of funding U.S.

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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)

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6

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Federalism and the Detroit Bankruptcy Case

Public Policy Blog

USA Today reports that some bankruptcy experts have predicted that Detroit’s case could last as long as three years [a large Californian case in Vallejo took one year to decide if it was even ELIGIBLE for bankruptcy in 2008 then another three years to be released from bankruptcy protection granted].

Laws 52
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PERFORMANCE READER’S GUIDE (PART 2)

Barrett & Greene

Marc Holzer (editor) and Andrew Ballard (editor) Public Productivity and Performance Handbook , 3rd Edition, 2021, plus Roadmaps for Performance Donald Moynihan, The Dynamics of Performance Management: Constructing Information and Reform , Georgetown University Press, 2008.

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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.

Advocacy 101
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Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. taxpaying public. Second, if and when the GSEs exit conservatorship and are re-privatized, it will be necessary for public market shareholders at that time (who would then be replacing U.S.

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Social Media for Social Good: What role does social media play in creation of and sustainability of social movements? A Social Movement Case Study Examining Occupy Wall Street and the Tea Party.

Public Policy Blog

These pages, open to anyone with a Facebook account, include ‘friends’ not only from one’s home country or state, but from throughout the world. 2013; Bennett, Breunig, & Givens, 2008). It doesn’t take long before thousands of Facebook users join these pages (Fieser, 2009).