• Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » UI Report Says Current Cross-Subsidy Plan Could Work Better
Looking to read the full article? Subscribe today!

UI Report Says Current Cross-Subsidy Plan Could Work Better

March 2, 2018
The cross-subsidization baked into current GSE guarantee-fee pricing could be made to work better, according to Urban Institute researchers. Current GSE pricing under guidelines from the Federal Housing Finance Agency are not fully adjusted to risk: low-risk borrowers pay a little more than they should and higher-risk borrowers pay a little less. Urban Institute researchers Jim Parrott and Laurie Goodman in a new paper say there are shortcomings in the existing cross-subsidy system that result in support going to borrowers who may not need it. “First, it does not effectively target those who need the help,” they said, adding that close to one of four beneficiaries of the subsidy are not in the low- to moderate-income category.
News Inside Mortgage Finance Inside The GSEs GSEs Legislation
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Conforming-Jumbo Business Increases in Third Quarter

  • Thompson: Expanding FHLBank Membership Up to Congress

  • Lenders Still Hoping for Help on Mortgage Spread

  • Dual Securitizations With Figure HELOCs on Offer

More Imf News

Featured Data

  • Weak Demand Drags Jumbo Production Down in 3Q

  • Robust Ginnie MSR Sales Gaining Speed in 3Q23

  • GSE Supers Issuance Soars in 3Q23 as Fed Aggregates

  • Correspondent Channel Gains Traction in Third Quarter

More Featured Data

Featured Reports

  • IMF HMDA Dashboard: 2022

  • Lender Profiles 2Q23: Top 25 (PDF)

  • GSE Repurchase Activity: Cumulative to Second Quarter 2023 (PDF Format)

  • Mortgage Servicing Rights Report: 3Q23 (PDF)

More Latest Reports

Featured Poll

Artificial intelligence is grabbing headlines, but many in the mortgage industry aren’t yet on board. Are you thinking about deploying any AI technology soon (for example, appraisal automation, income/employment verification, compliance management)?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2023 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing