The Stoop (NYU Furman Center)

MARCH 10, 2023

2 In November of last year, the Federal Housing Finance Agency (FHFA), the regulator and conservator of the two companies, issued its annual report on their G-fees (the G-fee Report), covering calendar year 2021. 3 In that report, the FHFA disclosed that the average G-fee across all products was 0.46

Press Release 52

Press Release Housing Regulations Implementation 52

The Stoop (NYU Furman Center)

JANUARY 27, 2022

Long Island’s housing production fell by 58 percent from the 2001-2008 period to the 2009-2018 period and in the northern suburbs, production fell by 50 percent during the same period. The brief provides considerations for New York policymakers looking to reform current land use regulations. times from 1990 to 2018.

Housing 52

Housing Legislation Regulations Development 52

The Stoop (NYU Furman Center)

APRIL 3, 2023

The borrower of a conventional mortgage benefits tremendously from the evolution of the TBA market, which was not centrally planned or created by legislation but evolved over several decades as a collaboration between government mortgage agencies and the bond trading and investing community. ” [link]. [26] That is incorrect.

Housing 59

Housing Advocacy Government Development 59

The Stoop (NYU Furman Center)

APRIL 10, 2025

Lots in these zones also benefit from slightly loosened density regulations and reduced parking requirements to encourage housing growth, especially in zones supported by mass transit. 2 (August 31, 2008). “Governor Hochul Signs Legislation to Protect New York Homeowners from Deed Theft.” link] Hincken, Garrett.

Outreach 59

Outreach Housing Laws Development 59

The Stoop (NYU Furman Center)

APRIL 15, 2025

Importantly, this series is based on the widely held view that congressional legislation to reform the GSEs will not occur in the foreseeable future and that any significant changes to the GSE structure will thus need to be implemented via “administrative means,” as defined directly below.

Implementation 52

Implementation Legislation Housing Regulations 52

The Stoop (NYU Furman Center)

SEPTEMBER 5, 2023

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. 7] Because Congress had set up the GSEs through legislation, the Obama administration believed it was up to Congress to develop revisions to that legislation to eliminate these defects.

Legislation 105

Legislation Regulations Operations Housing 105

The Stoop (NYU Furman Center)

JANUARY 7, 2025

Will GSE reform, including conservatorship exit, be accomplished through congressional legislation? When the conservatorships were established in 2008, exiting them required approval from both the presidential administration, acting through Treasury, and the then-independent FHFA, led by a single director.

Legislation 69

Legislation Housing Campaign Voting 69

The Stoop (NYU Furman Center)

JULY 30, 2024

Introduction Freddie Mac and Fannie Mae (F&F), the two large government-sponsored enterprises (GSEs), were placed into conservatorship in September 2008 at the height of the Great Financial Crisis, when the markets lost confidence in them. For example, see the September 2008, “Statement by Secretary Henry M. Paulson, Jr.

Legislation 90

Legislation Implementation Housing Regulations 90

The Stoop (NYU Furman Center)

FEBRUARY 18, 2025

The first event occurred in September of 2008 when the government placed the GSEs into conservatorship during the great financial crisis. This allowed its regulator, the Federal Housing Finance Agency (FHFA) – which declared itself to be their conservator – to operate the companies in lieu of their stockholders and boards.

Housing 52

Housing Legislation Policy Objective Implementation 52

The Stoop (NYU Furman Center)

MARCH 31, 2025

An exit from conservatorship can occur through legislation or administrative means. ” As Congress had created F&F, the Obama administration looked to Congress to enact legislation to do just that. go into run off and be liquidated in some fashion) and replaced by “something else.”

Implementation 52

Implementation Legislation Regulations Housing 52

The Stoop (NYU Furman Center)

APRIL 28, 2025

F&F each need to have a level of capital [4] that meets or exceeds the requirements set by their regulator, the FHFA, to ensure safe and sound operations. [5] On the policy front, such an action would benefit the shareholders, who would have otherwise lost everything if F&F had failed back in 2008.

Implementation 52

Implementation Voting Operations Regulations 52