article thumbnail

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)

Additionally, a decade later in 1999, legislated changes were made that included broadening the asset types that could be used as collateral to secure FHLB advances. One such asset type was mortgage-backed securities (MBS) issued by Ginnie Mae, Fannie Mae, and Freddie Mac, collectively known in financial markets as “agency MBS.”

article thumbnail

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.

article thumbnail

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

The Stoop (NYU Furman Center)

Many supporters of the GSEs mention how this helps such families be more financially secure, have a better retirement and be able to pass more wealth onto the next generation. 15 Also frequently cited is family stability, i.e., not being subject to landlord actions that might require unwanted relocation.

Housing 59