Banking and Capital Markets
ReportJune 16, 2016
CBO describes the procedures it uses to develop a market-based estimate of the cost of new U.S. commitments to the International Monetary Fund that reflects the small risk that the IMF could incur large losses.
Budgetary Estimates for the Single-Family Mortgage Guarantee Program of the Federal Housing AdministrationSeptember 23, 2014
Loan guarantees made in the FHA’s single-family mortgage program between 1992 and 2013 are now projected to generate small costs over their lifetimes rather than the significant savings that were originally recorded in the federal budget.
ReportJune 25, 2014
CBO finds that Ex-Im Bank’s credit programs would generate a budgetary cost using fair-value accounting—as opposed to savings under the current approach for measuring costs—because it more fully accounts for risk the government takes on.
ReportMay 22, 2014
The budgetary costs shown for selected credit programs would be higher under fair-value accounting—an alternative to the current approach for measuring costs—because it more fully accounts for the cost of the risk the government takes on.
ReportMay 1, 2013
CBO examined three options for Fannie Mae and Freddie Mac to use principal forgiveness for certain underwater borrowers. How would those options affect the number of mortgage defaults, the federal budget, and the overall economy?