Items Tagged with 'GSE reform'


Unsealed government documents may reveal truth about Fannie, Freddie fate

Did the government really need to bail out the GSEs?
In the years since the government modified its agreement with Fannie Mae and Freddie Mac to sweep all the profits from the GSEs into the government’s coffers, many observers questioned whether the so-called "Third Amendment sweep" was even necessary. Now, a series of unsealed depositions show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs' profits.
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The math behind the need for GSE reform

MBA CEO: This unfinished work 'looms over our nation'
The calls to allow the GSEs to rebuild capital amplify an important issue and are based on valid and reasoned concerns that we all share. Unfortunately allowing them to just recapitalize is simply not a mathematical possibility.
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Monday Morning Cup of Coffee: Fannie, Freddie crystal ball just got cloudier

Plus, is it time to buy the big banks?
There is a lot of debate surrounding the future or lack thereof of Fannie Mae and Freddie Mac, with opinions coming from the White House, Congress, trade groups, just to name a few. But predicting the future of the GSEs just got a little harder. Plus, is it time to buy the country's biggest banks? All that, and more, in your Monday Morning Cup of Coffee.
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There’s still time to fix Fannie and Freddie

"A goal worth pursuing"
It’s 2016, and since 2008, Fannie Mae and Freddie Mac have been in government conservatorship. Does that mean it’s time to give up on reforming the housing finance system? The answer is no. It is still possible to move away from this government-sponsored enterprise model and create a stronger system that makes affordable mortgages available to consumers, allows more competition and better protects the taxpayer from risk.
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Wall Street Journal op-ed ethers 'toxic twins' Fannie Mae, Freddie Mac

WSJ takes blowtorch to GSE risk-sharing measures
For the second time in the last ten days, the editorial section of a major national newspaper has taken on the future of Fannie Mae and Freddie Mac. The Washington Post recently weighed in on the recapitalization and release of Fannie and Freddie, calling it a “recipe for housing disaster.” But that’s nothing compared to the editorial that showed up in the Wall Street Journal.
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Federal spending bill makes recapitalization of Fannie, Freddie far less likely

Omnibus bill prohibits Administrative recap and release for two years
Bad news for those hoping for the "recap and release" of Fannie Mae and Freddie Mac: Included in the newly agreed upon federal appropriations bill is a provision that prohibits the Administration – be it the Obama Administration or the next President’s Administration – from selling off its stake in Fannie and Freddie without the approval of Congress, for at least two years.
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Affordable housing advocates on why conservatorship of Fannie, Freddie must end

CEO of National Community Reinvestment Coalition on recap and release
The best option for communities at this juncture is to recapitalize Fannie Mae and Freddie Mac, end their conservatorship, and allow Fannie and Freddie to preserve the public mission in their charters, and their affordable housing goals, John Taylor, CEO of National Community Reinvestment Coalition, writes in an editorial. Click to read Taylor's plan for the future of Fannie and Freddie.
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4 ways to jump-start a real housing recovery in 2016

Here’s the foundation for recovery
These four actions will help lead us to a stronger economy in general and a real housing recovery in particular. And while these aren’t the only things that need to happen to facilitate this, they do represent a solid foundation onto which said recovery can be built.
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