Freddie Mac’s Second Mortgage Pilot: Should the Taxpayer Subsidize Equity Extraction Lending?
The Stoop (NYU Furman Center)
JULY 22, 2024
On the other hand, they are required to undertake a public policy mission that does not generate such a return, leading to Congress also awarding them subsidies to ideally even it all out. 8 According to the FHFA house price index, from 2020 Q1 to 2024 Q1, house prices (seasonally adjusted) have increased by 49 percent.
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