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Mark Calabria on Shelter from the Storm

The Great Antidote

CHAPTER

The Purpose of the Federal Housing Finance Agency

The primary purpose of the Federal Housing Finance Agency is to regulate Fannie and Freddie in the Federal Home Bank. So basically make sure they don't blow themselves up and take down our housing market and economy with it. And I think that's an important point because, you know, so much of what came after 2008 would not have happened had we not had the financial crisis in 2008. "I was only in the job about 11 months when COVID hit"

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