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
Today, agency MBS outstanding is about $9 trillion, two-thirds of all first-lien mortgage dollars, while bank-held mortgage loans only account for $2.6 36 However, with a properly designed GSE Board in place, a public-private hybrid GSE can be a practical and reasonable vehicle to achieve public policy objectives over the long term.
59 
Let's personalize your content