The federal government recently placed Fannie Mae and Freddie Mac, the government chartered, privately owned mortgage … (GSEs) they also have a government-mandated mission to provide liquidity and stability to the U.S. mortgage market and to … residential mortgage market is structured. Few scholars, however, have provided a framework in which to conceptualize the …

Sponsored Enterprises (such as Fannie Mae and Freddy Mac) in the mortgage market. In order to do so we construct a model with … heterogeneous, infinitely lived households and competitive housing and mortgage markets. Households have the option to default on … provided and tax-financed mortgage interest rate subsidy. We find that eliminating this subsidy leads to substantially lower …

abrupt changes in tract eligibility, I find some evidence of a small UAG effect on GSE purchases and mortgage originations …

Today, roughly 60 percent of home loans are done through mortgage brokers, who negotiate their fees one-on-one with …

The U.S. mortgage crisis that began in 2007 generated questions about the role played by Fannie Mae and Freddie Mac … the UAG on the GSEs' whole single-family mortgage purchases during peak years for the subprime mortgage market. Under the …

In fall 2008, the Federal Housing Finance Agency (FHFA) placed mortgage giants Fannie Mae and Freddie Mac in … one hand, the FHFA is tasked with stabilizing the secondary mortgage market and providing access to mortgage credit …. Achieving this task encourages Fannie and Freddie to absorb some mortgage-related losses. On the other hand, the FHFA is tasked …

This Article proposes an alternative to direct government regulation of mortgage brokers: self-regulation of the … mortgage industry that mimics the arguably successful self-regulation of the securities industry that has occurred over the … encourages efficient resolution of disputes by ensuring commensurable regulatory intervention. Most crucially for the mortgage …