Key Outstanding Questions on Federal Role in Housing Finance
{"Image DocumentName": "Key Outstanding Questions on Federal Role in Housing Finance", "Image ImageDescription": "IV. Implied Government Guarantee. If GSEs are explicitly guaranteed by the government they will likely be on budget. The GSEs would then compete with other federal housing programs in the budget process, most likely FHA. This could be a way to ensure a permanently shrunken housing market. The implied guarantee has worked. When the GSEs had trouble there was government intervention, restructuring and a payback of any funds provided.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}