Search

Haoxiang Zhu, Associate Professor of Finance at the MIT Sloan School of Management; Research Associate at the National Bureau of Economic Research; Faculty Affiliate of the MIT GCFP and the […]

Edward Golding (MIT), Laurie Goodman (Urban Institute), and Jun Zhu (Indiana University and Urban Institute)

Addressing the role of FHFA in dismantling racial discrimination within the U.S. housing finance system

This blog post is based on a talk presented at the Shadow Open Market Committee on February 11, 2022. The opinions expressed are my own and not those of the MIT Golub Center for Finance and Policy.

With employers filling 60 percent fewer management positions and otherwise guaranteed internship opportunities succumbing to budget cuts amid the COVID-19 pandemic, students at MIT Sloan were scrambling ahead of the summer of 2020.

Housing finance policy has been built during and for times of crisis. Just look at the long list of government actions related to the financing of housing [...]

Edward L. Golding, Laura E. Kodres, and Deborah J. Lucas The 2008 financial crisis triggered a wave of new financial regulations, most notably as mandated by the Dodd Frank Act of 2010. That legislation recognized that existing regulations were inadequately designed to protect against systemic ri...

MAY 4 – 2023 “BankThink: No, FHFA is not encouraging a race to the bottom.” Recently, the Federal Housing Finance Agency, acting in its capacity as conservator of Freddie Mac and Fannie Mae, made some modest changes in the pricing of mortgage risk. These modest changes [...]

Edward Golding and Deborah Lucas discuss a simple policy change that relies primarily on market discipline that would reduce the likelihood of future SVBs.