Transitioning to Alternative Structures for Housing Finance: An Update
Congressional Budget Office
No 54218, Reports from Congressional Budget Office
Abstract:
Fannie Mae and Freddie Mac currently help finance the majority of home loans in the United States by purchasing and securitizing new mortgages. Alternative proposals for the secondary mortgage market involve different choices about whether the federal government should continue to guarantee payment on certain types of mortgage-backed securities—and if so, what the scope, structure, and pricing of those guarantees should be. Policymakers also face choices about how the secondary market should be structured.
JEL-codes: G21 G28 (search for similar items in EconPapers)
Date: 2018-08-23
New Economics Papers: this item is included in nep-ban and nep-ure
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