Government Involvement in the Mortgage Market and Ginnie Mae
The federal government has taken a central role in the housing and mortgage market since the Great Depression. The panel will explain the long history and developments in the government’s role in the mortgage market, including the development of Fannie Mae and Freddie Mac, known as the government-supported enterprises, or GSEs, as well as Ginnie Mae, which is a government agency. Then the panel will explain Ginnie Mae MBS, including what risks are absorbed by the government, and how, and what risks are borne by investors. Finally, the panel will explain how risks to investors can be distributed among different investors depending on their appetite for risk.
Panelists:
- Amy Williams
- Tina Locatelli
Hunton Andrews Kurth LLP will seek CLE credit for this program in CA, FL, GA, NC, NY, TX and VA only. Credit hours are not guaranteed and are subject to each state’s approval rules.
