GSE Reform

GSE Reform refers to changes made to government-sponsored enterprises like Fannie Mae and Freddie Mac, which support the housing market by providing liquidity to lenders. These reforms aim to reduce taxpayer risk, increase financial stability, and promote fair access to mortgage financing. Key updates often include stronger oversight, limits on risk-taking, and new rules to ensure the system can better withstand economic downturns. Overall, GSE reform seeks to balance supporting the housing market with minimizing taxpayer exposure to potential losses.