Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option

Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option
The much-anticipated session with FHFA Director Mark Calabria at the MBA Secondary Conference in Manhattan Monday did not disappoint. No, he didn’t reveal a timeline for releasing the GSEs from conservatorship, but his mission and intense focus were clear: The status quo isn’t an option.
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