Home » Short Takes: The First Step in GSE Reform: New Capital Standards from the FHFA / How to Liquidate and Sell the Charters (Legally) / Guaranteed Rate Comes on Strong / The Race to the Top of the Mortgage Heap / Das? / Two Big Hires for SitusAMC
Short Takes: The First Step in GSE Reform: New Capital Standards from the FHFA / How to Liquidate and Sell the Charters (Legally) / Guaranteed Rate Comes on Strong / The Race to the Top of the Mortgage Heap / Das? / Two Big Hires for SitusAMC
The next step might be to create a limited liability regulated entity (LLRE) which would succeed the GSE. After that, the LLRE (once capital is raised) becomes a new company and the charter is sold to new owners. From what we understand, the FHFA has the legal power to sell the charter...