Regulating Housing GSEs: Thoughts on Institutional Structure and Authorities

White, Lawrence J.; Frame, W. Scott

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Regulating Housing GSEs: Thoughts on Institutional Structure and Authorities

NYU Working Paper No. 2451/26115

34 Pages Posted: 13 Oct 2008

See all articles by Lawrence J. White

Lawrence J. White

Stern School of Business, New York University; New York University (NYU) - Leonard N. Stern School of Business, Department of Economics

The appropriate regulatory structure for the three housing government-sponsored enterprises (GSEs) raises interesting issues of political economy, as well as being an active concern for the Congress and the Bush Administration. In this paper, we review recent events, including severallegislative proposals aimed at altering the institutional structure and authorities of housing GSE oversight. We then outline the relevant issues and offer some opinions about what we view as the appropriate institutional structure and authorities of GSE regulation.

Keywords: Government-sponsored enterprises, risk, regulation

Suggested Citation: Suggested Citation

White, Lawrence J. and White, Lawrence J. and Frame, W. Scott, Regulating Housing GSEs: Thoughts on Institutional Structure and Authorities (2004). NYU Working Paper No. 2451/26115, Available at SSRN: https://ssrn.com/abstract=1282545