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Together, parts 1 and 2 of the analysis are essential to understand the FHFA Report and how its proposed reforms are most definitely needed. 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. See [link]. [25] billion).
In contrast, there has been little attention given to potentially major changes in GSE mortgage programs and policies. In terms of timing, this focus seems misplaced because such changes can be made and implemented in a matter of months, while exiting conservatorship, if and when decided, would likely take years to implement.
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