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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)

18 It is worth noting that the Congressional Budget Office (CBO), from time to time, estimates the value of the subsidies to the FHLB system. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 billion of losses by just four of the FHLBs in 2009 and 2010. billion for fiscal 2024.

2008 59
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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)

percent) in 2014, after having been purposefully increased by the FHFA and the two GSEs in prior years. percent range since 2014, rather than being materially lower or higher, does not seem to be well understood in the industry or among policy specialists. percent in 2014 and then stayed in the 0.44 percent to 0.49 percent to 0.49

2008 52