Shelter from the Storm: How a COVID Mortgage Meltdown Was Averted
The American mortgage market nearly seized up in 2020, and this is the account from inside.
Mark Calabria ran the Federal Housing Finance Agency through the pandemic, overseeing Fannie Mae and Freddie Mac as forbearance threatened the servicing system with collapse. He describes what was done to prevent it and argues for reforms to the housing finance structure. Published by the Cato Institute.
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Tyler Cowen
I have not yet read Mark Calabria’s Shelter from the Storm: How a Covid Mortgage Meltdown was Averted, Cato Institute book.
Source · March 2023
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