Agency MBS/Secondary Activity

GSE Debt Activity

Data on GSE and FHLBank issuance. Columns are: Fannie Mae issuance, net issued and outstanding; Freddie Mac issuance, net issued and outstanding; FHLBank issuance, discount notes and bonds; and FHLBank outstanding.

2002-2013 Data


After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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