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)
MARCH 11, 2024
billion for fiscal 2024. Enter the FHFA The FHFA implemented specific reforms in past years to keep the FHLBs from straying even further from their mission and towards profit. Interestingly, most of them can be implemented by the FHFA itself as the System’s regulator. 19 That was a very significant amount 20 years ago.
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