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)
MARCH 10, 2023
19 This support was translated into extreme lobbying power in Congress, which ensured that the two companies did not lose the subsidies. The GSEs and the FHFA together raised it to more than double 23 its pre-conservatorship value and a more defined economic rationale was developed over time to determine its “right” level.
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