Searching for Equilibrium
The law of supply and demand can be boiled down to this: As supply increases, prices tend to drop. When supply falls, prices increase. The economy reaches equilibrium when supply and demand are in balance. Read More
P-S-P-A: CAPS, CAPS, CAPS
This issue of Capital Commentary is about recent amendments to the Preferred Stock Purchase Agreement (PSPA) between the U.S. Department of Treasury and the Federal Housing Finance Agency (FHFA), which limits Fannie Mae and Freddie Mac from buying certain loans. Read More
Home = Life
The headline of this issue of Capital Commentary comes from a recent hearing of the U.S. Senate’s Banking, Housing and Urban Affairs Committee, “Home = Life: The State of Housing in America.” Read More
A Nation of Involuntary Renters?
Ed Gorman, Chief Community Development Officer of the National Community Reinvestment Coalition (NCRC), warns that too many Americans are destined to be “involuntary renters” without substantial home construction. Read More
Racial Equity Makes “Cents”
As we near the end of Black History Month, Capital Commentary weighs in on the benefits of an invigorated national policy to increase Black homeownership and highlights some of the places where Black Americans find a welcoming embrace and a robust economy. Read More
All Eyes On Racial Equity
Black History Month is an appropriate time for Capital Commentary to take a deep dive into public policies designed to address and correct racial inequalities from the perspectives of think tanks, elected officials, financial regulators and legal experts. Read More
A New Beginning
A tumultuous January on top of a turbulent 2020 begs for a new start. Hopefully, that begins today when Joe Biden is sworn in as the nation’s 46th president under his inaugural-themed banner, “America United.” Read More
Bags Are Packed, Ready to Go
Whether due to the pandemic, low interest rates, unemployment or the desire for a new start, Americans are on the move. Most are doing it willingly; some have no choice. Capital Commentary looks at some movers (and shakers) in Washington. Read More
Looking for a Way Out for the GSEs
Since September 2008, the GSEs have been wards of the government, placed into conservatorship under the authority of the Federal Housing Finance Agency. Capital Commentary explores this topic in this issue. Read More
Now We Know: It’s Joe
Two hundred seventy-eight days after the Iowa caucuses, America knows who its next president will be. In this issue of Capital Commentary, we look at the policies and people that will shape and decide housing policy in the administration and Congress for the next two years. Read More