Will an implicit guarantee keep mortgage rates from rising after release of GSEs?
Will mortgage rates rise if the government releases the GSEs from conservatorship? It depends on whether there is a government guarantee.
Department of the Treasury
Auto Added by WPeMatico
Trump’s GSE exit pursuit is complicated (and could be costly)
Removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike.
Treasury Department plans to cut thousands of employees
U.S. Department of Treasury plans to lay off a “substantial portion” of its staff.
Treasury outlines rising cost of homeowners insurance
Homeowners in areas with the highest risk of perils paid 82% more for homeowners insurance than those in ZIP codes with the lowest risks.
CBO report shows GSEs have better conditions to repay Treasury by recapitalizing
The Congressional Budget Office (CBO) released a study on Friday suggesting that a recapitalization of the government-sponsored enterprises could benefit the U.S. Department of the Treasury in most scenarios.