Housing and Financial Markets

The Budgetary Impact of Fannie Mae and Freddie Mac
September 16, 2010pdfblog post
Letter to the Honorable Barney Frank

CBO's Budgetary Treatment of Fannie Mae and Freddie Mac
January 2010pdfblog post
Background Paper

An Overview of Federal Support for Housing
November 3, 2009htmlpdfadditional infoblog post
Economic and Budget Issue Brief

H.R. 1106, Helping Families Save Their Homes Act
February 25, 2009pdfblog post
Cost estimate for the bill as introduced on February 23, 2008.

Addressing the Ongoing Crisis in the Housing and Financial Markets
January 28, 2009pdfwebcastblog post
Testimony before the Committee on the Budget, United States Senate

The Budget and Economic Outlook: Fiscal Years 2009 to 2019
January 2009htmlpdfadditional infochartsblog post

Background Paper: The Outlook for Housing Starts, 2009 to 2012
November 2008pdf

CBO's Analysis of Dodd Substitute Amendment for H.R. 1424
October 1, 2008htmlpdfblog post
Cost estimate for an amendment proposed by Chairman Dodd, Senate Committee on Banking, Housing, and Urban Affairs, on October 1, 2008

Cost Estimate on Emergency Economic Stabilization Act of 2008
September 28, 2008htmlpdfblog post
Letter to the Honorable Barney Frank

Federal Responses to Market Turmoil
September 24, 2008htmlpdfchartswebcastblog post
Testimony before the Committee on the Budget, U.S. House of Representatives

CNBC Closing Bell
September 24, 2008webcast
CBO Director Peter Orszag's discussion of the budgetary and economic implications of the recent turmoil in financial markets with CNBC's Maria Bartiromo

H.R. 3221, Housing and Economic Recovery Act of 2008
July 23, 2008pdf
Cost estimate for the bill as passed by the Senate on July 11, 2008, with an amendment transmitted to CBO on July 22, 2008

CBO's Estimate of Cost of the Administration's Proposal to Authorize Federal Financial Assistance for the Government-Sponsored Enterprises for Housing
July 22, 2008htmlpdfblog post
Letter to the Honorable John M. Spratt Jr.

Federal Housing Finance Regulatory Reform Act of 2008
June 9, 2008pdfblog post
Cost estimate for the bill as ordered reported by the Senate Committee on Banking, Housing, and Urban Affairs on May 20, 2008

H.R. 5830, FHA Housing Stabilization and Homeownership Retention Act of 2008
May 2, 2008pdfblog post
Cost estimate for the bill as ordered reported by the House Committee on Financial Services on May 1, 2008

H.R. 3221, Foreclosure Prevention Act of 2008
April 30, 2008pdf
Cost estimate for the bill as passed by the Senate on April 10, 2008

Policy Options for the Housing and Financial Markets
April 2008htmlpdfblog post

Mortgage and Housing Markets
April 2008webcastblog post
CBO Director Peter Orszag's presentation at the Princeton Club of New York

The Budget and Economic Outlook: Fiscal Years 2008 to 2018
January 2008htmlpdfadditional infochartswebcastblog post

Testimony on Options for Responding to Short-Term Economic Weakness
January 22, 2008htmlpdfwebcastblog post
Testimony before the Committee on Finance, United States Senate

Options for Responding to Short-Term Economic Weakness
January 2008htmlpdfblog post

Testimony on Turbulence in Mortgage Markets: Implications for the Economy and Policy Options
September 19, 2007htmlpdfwebcast
Testimony before the Joint Economic Committee, U.S. Congress

The Budget and Economic Outlook: An Update
August 2007htmlpdfadditional infochartsaudioaudio transcript

Measuring the Capital Positions of Fannie Mae and Freddie Mac
June 2006pdf

Testimony on Aligning the Costs and Benefits of the Housing Government-Sponsored Enterprises
April 21, 2005htmlpdf
Testimony before the Committee on Banking, Housing, and Urban Affairs, United States Senate

Updated Estimates of the Subsidies to the Housing GSEs
April 8, 2004htmlpdf
Letter to the Honorable Richard C. Shelby

Testimony on Regulation of the Housing Government-Sponsored Enterprises
October 23, 2003htmlpdf
Testimony before the Committee on Banking, Housing, and Urban Affairs, United States Senate

Effects of Repealing Fannie Mae's and Freddie Mac's SEC Exemptions
May 2003htmlpdf

Letter to the Honorable Paul S. Sarbanes regarding the new-business assumption in the risk-based capital rule for Fannie Mae and Freddie Mac
January 3, 2003htmlpdf

Letter to the Honorable Richard H. Baker regarding CBO's May 2001 report on the housing GSEs
July 11, 2001htmlpdf

Letter to Franklin D. Raines, Chairman and CEO of Fannie Mae, regarding CBO's draft study on the housing GSEs
June 21, 2001htmlpdf

Testimony on Federal Subsidies for the Housing GSEs
May 23, 2001htmlpdf
Testimony before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, Committee on Financial Services, U.S. House of Representatives

Federal Subsidies and the Housing GSEs
May 2001htmlpdf

Remarks of June E. O'Neill before the Conference on Appraising Fannie Mae and Freddie Mac
May 1998htmlpdf

Testimony on Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac
June 12, 1996htmlpdf
Testimony before the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises, Committee on Banking and Financial Services, U.S. House of Representatives

Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac
May 1996htmlpdf

The Federal Home Loan Banks in the Housing Finance System
July 1993pdf

Testimony on Controlling the Risks of Government-Sponsored Enterprises
July 18, 1991pdf
Testimony before the Subcommittee on Government Information and Regulation, Committee on Governmental Affairs, United States Senate

Testimony on Controlling the Risks of Government-Sponsored Enterprises
May 22, 1991pdf
Testimony before the Subcommittee on Oversight, Committee on Ways and Means, U.S. House of Representatives

Testimony on Controlling the Risks of Government-Sponsored Enterprises
May 21, 1991pdf
Testimony before the Committee on Agriculture, Nutrition, and Forestry, United States Senate

Testimony on Controlling the Risks of Government-Sponsored Enterprises
May 15, 1991pdf
Testimony before the Subcommittee on Housing and Community Development, Committee on Banking, Finance and Urban Affairs, U.S. House of Representatives

Testimony on Government-Sponsored Enterprises
May 10, 1991pdf
Testimony before the Committee on Banking, Housing, and Urban Affairs, United States Senate

Testimony on Government-Sponsored Enterprises
May 8, 1991pdf
Testimony before the Subcommittee on Conservation, Credit, and Rural Development, Committee on Agriculture, U.S. House of Representatives

Controlling the Risks of Government-Sponsored Enterprises
April 1991pdf