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Navigating GSE Conservatorship: Strategies for Transition
This chapter examines the intricacies involved in transitioning Government-Sponsored Enterprises (GSEs) out of conservatorship, highlighting the critical roles of key figures such as the Secretary of Treasury and the HUD Secretary. It emphasizes the necessity of a strategic approach to maintain mortgage market stability and discusses the implications of regulatory changes on entities like Fannie Mae and Freddie Mac. The conversation also addresses the evolving dynamics of mortgage lending, including the retreat of traditional banks and the rise of independent mortgage lenders.