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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)

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. 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.

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Optimizing the US mortgage market with AWS

AWS Public Sector Blog

The UMBS makes up 70 percent of the total MBS market in the US and was established in the wake of the 2008 financial crisis to provide stability, liquidity, and resiliency in the US housing market. CSS delivers an industry-critical function and is regulated by the Federal Housing Finance Agency (FHFA).

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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.

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Quimbyism: sign me up!

Rebuilding Place in Urban Space

A book I need to read. Yes to the City: Millennials and the Fight for Affordable Housing We've heard of NIMBY -- not in my backyard -- and YIMBY -- yes in my backyard -- abbreviations for different factions in communities opposed to or supportive of development.

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Managing Emergencies: The Challenges of the Future

Disaster Planning and Emergency Management

Welcome to the 'riskscape' On one day in July 2021 fires devastated large areas of Sardinia, flooding occurred for the second time in two weeks in London and I received a message from research colleagues in Germany that read "the institute was quite destroyed and many colleagues have suffered tremendous damage to their houses." Kerslake, B.

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Rampant management failure #2: DC area Metrorail (Washington Area Metropolitan Transit Authority)

Rebuilding Place in Urban Space

Aesch, later wrote a book about his experience there, Driving Excellence: Transform Your Organization's Culture -- And Achieve Revolutionary Results. The director then, Mark R. It's worth a read. But it is also a management failure of local government. (For And that the WMATA Board should be elected.)

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Gaps in Parks Master Planning: Part Nine | Second stage planning for parks using the cultural landscape framework

Rebuilding Place in Urban Space

Sugar House Park is almost 70 years old, and has different planning needs compared to when the park was created. Items like vegetation and Parley's Creek were not covered thoroughly in the most recent (2008) master plan update process. This came up with Sugar House Park and planning for replacement pavilions.

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