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

The Stoop (NYU Furman Center)

Overview of the FSOC Report The FSOC was created in 2010 as a federal interagency committee primarily to identify threats to financial stability and recommend actions to avoid them. The Report notes, by contrast, that the regulations that apply to banks are designed to do just that.

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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)

The GSEs were authorized by congressional legislation to perform a very specific set of activities, primarily focused on providing loans to consumers or businesses for a designated purpose, and mostly related to real estate and housing. the legislation establishing them). A few of the recommendations require legislation by Congress. [4]

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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)

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System.

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Five Principles for a New 421-a Property Tax Exemption

The Stoop (NYU Furman Center)

Between 2010 and 2020, 68 percent of new multifamily buildings used various forms of a 421-a exemption , accounting for 116,000 of the 171,000 housing units completed in multifamily buildings that decade. A significant portion of New York City’s newly built housing has relied upon a 421-a exemption.

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How will the UK Cyber Essentials Scheme change in April 2023?

Open Access Government - Technology News

Take social media as an example – where we were referring to using such platforms in hours per month in 2010, the average user today now spends 2 hours and 27 minutes of their day on them. Updates to the UK Cyber Essentials Scheme For this reason, cyber regulations have had to evolve. They are being instated for a good reason.

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Supply Skepticism Revisited: What New Research Shows About the Impact of Supply on Affordability

The Stoop (NYU Furman Center)

Historically, the development of new housing in the city has been unevenly spread across neighborhoods, with the lowest-density community districts adding housing at only half the rate of the city overall between 2010 and 2020. Housing supply-oriented legislation has been difficult to pass in New York’s current political environment.

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The GSE Conservatorships: Fifteen Years Old, With No End in Sight

The Stoop (NYU Furman Center)

One, it placed the companies into conservatorship, an obscure legal status in which they would continue to operate, but with their regulator, the FHFA, [3] in operational control of the companies in lieu of their stockholders and boards of directors. The Bush administration, therefore, did two things.