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Freddie Mac’s Second Mortgage Pilot: Should the Taxpayer Subsidize Equity Extraction Lending?

The Stoop (NYU Furman Center)

This article analyzes the arguments for and against the pilot, addressing in some detail specific points related to credit risk, mission alignment, and the adequacy of the private market. The pilot program aimed to provide an alternative to cash-out refi for homeowners to extract equity from their homes.

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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)

The core thesis of this two-part article is that the congressional design of GSEs has a fundamental flaw: that subsidies and privileges given to a GSE will inevitably, over time, drift to being used unduly to produce stand-alone profit to benefit their owners and executives, and too little to support its intended mission.

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October 2023 - Microsoft 365 US Public Sector Roadmap Newsletter

Microsoft Public Sector

What you need to do to prepare: If you do not want users within your tenant to be able to access the SMS text notification feature in the Virtual Appointment Teams Meeting Template, you can implement a user-level policy via PowerShell to restrict access to this feature. Each policy object contains a property called EnableSmsNotifications.

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The GSEs and the Second Trump Administration: Ten Possible Mortgage Program and Policy Changes to Expect (Part 2 of 2)

The Stoop (NYU Furman Center)

4] The relevant Trump II policy objectives I have identified nine policy objectives that are both likely to be important to officials in the Trump II administration and relevant for shaping GSE mortgage policies and programs. 27] See my article on this very topic. percent (from the FHA).

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