Political Quotes

GSE-type organizations are not essential to successful mortgage financing. Indeed, many other industrial countries without GSEs have achieved homeownership rates comparable to that of the United States. One device that has been widely used…

I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.

Privatization would solve several problems associated with the current GSE model. It would eliminate the conflict between private shareholders and public policy and likely diminish the systemic risk, as well. Other benefits are that…

We want to deploy it in ways that have the greatest benefit for the least cost.