The guide also describes FHLB products that support single-family home purchases, such as down payment and closing cost assistance, many of which can be used in conjunction with programs offered by other federal and state housing finance agencies and government-sponsored enterprises
Capstead is self-managed for federal income tax purposes and earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities issued and guaranteed by government-sponsored enterprises
, either Fannie Mae, Freddie Mac, or by an agency of the federal government, Ginnie Mae.
senators wrote a letter to Mel Watt, director of the Federal Housing Finance Agency (FHFA), on July 7, urging the top regulator of the government-sponsored enterprises
(GSEs) to leave any steps related to the larger restructuring of the housing finance system to the next Congress.
The bill would prohibit the Federal Housing Finance Agency (FHFA) or other regulators from setting arbitrary limitations on the volume or scope of multifamily housing mortgages backed by Government-Sponsored Enterprises
(GSEs) like Fannie Mae and Freddie Mac.
The directors of government-sponsored enterprises
operating in the red should resign, Armenian
Scott Garrett, Chairman of the Congressional Constitution Caucus, Chairman of the Subcommittee on Capital Markets and Government-Sponsored Enterprises
, House Financial Services Committee; and Louise Bennetts, Associate Director of Financial Regulation Studies, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
Valentin Bolotnyy, Federal Reserve Board of Governors, "The Government-Sponsored Enterprises
and the Mortgage Crisis: The Role of the Affordable Housing Goals"
But relatively few homeowners will qualify and benefit from the program, and it is American taxpayers who will be floating them the money, through those infamous government-sponsored enterprises
, Fannie Mae and Freddie Mac.
Federal Housing Finance Agency filed lawsuits Friday against 17 financial institutions for damages caused by their illegal sales of mortgage-backed securities to government-sponsored enterprises
Fannie Mae and Freddie Mac, the analysts said.
Previously, Watson was a managing director of JPMorgan's securities business in New York, leading the company's investment and commercial banking operations for US government-sponsored enterprises
, including FHLBs, since 1995.
For policy related to government sponsored enterprises, see CRS Report RS21663, Government-Sponsored Enterprises
(GSEs): An Institutional Overview, by Kevin R.
Under the MBS purchase program, the Federal Reserve said in late December that it will begin purchasing MBS backed by the government-sponsored enterprises
Fannie Mae, Freddie Mac, and Ginnie Mae.