ReportDecember 14, 2017
CBO reviews Fannie Mae and Freddie Mac’s program to transfer some of the credit risk of their guarantees to investors and analyzes two approaches for expanding those efforts.
ReportSeptember 28, 2017
CBO analyzes options to reduce FHA’s exposure to risk from its program to guarantee single-family mortgages, including creating a larger role for private lenders and restricting the availability of FHA’s guarantees.
ReportOctober 20, 2016
In this report, CBO analyzes a policy that would allow Fannie Mae and Freddie Mac to increase their capital by reducing their payments to the government and discusses the effects that it would have on the budget and the mortgage market.
ReportDecember 3, 2015
CBO reviews the federal government’s current role in the multifamily mortgage market and four broad approaches to modifying that role.
ReportSeptember 9, 2015
CBO describes federal housing assistance to low-income households and how it has changed since 2000, provides information about the households that receive assistance, and assesses options for altering that assistance.
ReportDecember 16, 2014
CBO analyzed possible transitions to four alternative market structures that involve choices about whether and how the government would continue to guarantee payment on mortgages and mortgage-backed securities.
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.
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?
ReportFebruary 11, 2013
During the past 40 years, federal spending for major means-tested programs and tax credits for low-income households more than tripled as a share of gross domestic product. In 2012, such spending totaled $588 billion.
ReportDecember 22, 2010
This study looks at how Fannie Mae and Freddie Mac evolved into the institutions they are today.