FHFA Director Calabria: Net worth sweep is step one, IPOs for GSEs are an option

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Treasury’s Craig Phillips says his hero is Alex Pollock for publishing the 10% moment paper, which asserts the GSEs have repaid taxpayers. Treasury’s Craig Phillips says that in many ways Fannie.

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Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option The much-anticipated session with FHFA Director Mark Calabria at the mba secondary conference in Manhattan Monday did not disappoint.

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Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option Made his remarks to a packed room at the MBA Secondary Conference May 20, 2019

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Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option – Quote: Calabria said the GSEs would exit conservatorship when they have "an excess of capital." To gain that capital requires a suspension of the net worth sweep, which Calabria said is "step one." May 20, 2019

Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option Calabria: Fannie Mae may be privatized before Freddie Mac, or vice versa The end of Fannie, Freddie conservatorship?

Peter Chapman writes, "This litigation, you’ll recall is tangential to the propriety of the Net Worth Sweep; this litigation broke the chain of cases saying FHFA is not a government actor. FHFA, Fannie Mae, Ms. Sisti and her mortgage lender submitted the status report to Judge McConnell in Rhode Island today, telling him they need six more.

"Mark Anthony Calabria is the Director of the Federal Housing Finance Agency (FHFA). He was formerly the chief economist for Vice President Mike Pence," per Wikipedia. A release by the FHFA on April 15, 2019 said in part that: "Dr. mark calabria sworn In as Director of the Federal Housing Finance Agency."

Calabria: Ending the Net Worth Sweep is Step One of GSE Reform, IPOs are an Option Published on May 21, 2019 by Housing Wire The much-anticipated session with Federal Housing Finance Agency Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint.