Freddie Mac’s Second Mortgage Pilot: Should the Taxpayer Subsidize Equity Extraction Lending?
The Stoop (NYU Furman Center)
JULY 22, 2024
8 According to the FHFA house price index, from 2020 Q1 to 2024 Q1, house prices (seasonally adjusted) have increased by 49 percent. billion in 2023 and is on pace to be an $11 billion market in 2024.” ” In addition, CES mortgage products are being offered by many depository financial institutions, but definitely not universally.
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