Federal Housing Administration (FHA) mortgage insurance program. The suits led to more than $5 billion in settlements and … exit has significantly reduced low-income households' overall access to mortgage credit. …

these GSEs as mortgage market conditions deteriorated in 2007 and 2008. The analysis focuses on a key element of OFHEO …

In response to the wave of residential mortgage foreclosures in the past few years, federal, state and local government … seeks to estimate the negative effects of residential mortgage foreclosures. This review suggests that foreclosed properties …

in subprime private-label mortgage-backed securities (PLS), influenced the risk characteristics and prices of the deals … and Freddie Mac purchased securities included separate mortgage pools: one specifically created for the GSEs and one or … and Freddie Mac had similar ex-ante risk characteristics but performed much better ex-post relative to other mortgage …

for Fannie Mae and Freddie Mac. We study a key component of OFHEOs model - 30-year fixed-rate mortgage performance - and … in a significant underprediction of mortgage credit losses and associated capital needs at Fannie Mae and Freddie Mac …

mortgage finance. We describe the special features of these two companies and their roles in the mortgage markets. We then …

This paper examines two major forces that may soon increase competition in the U.S. secondary conforming mortgage … market: 1) the expansion of Federal Home Loan Bank mortgage purchase programs, and 2) the adoption of revised risk …

research for the U.S. home mortgage market suggests that securitization itself may not have been a problem, but rather the …

The U.S. mortgage finance system was one of the focal points of the 2007-08 financial crisis, yet legislative decisions … September 2008. The two GSEs have long been the centerpieces of a mortgage finance system that relies on capital market …, equitable, and financially sound mortgage system in the future …