New model for stability of Fannie Mae and Freddie Mac

In 2007, the American housing boom ended, and there was heightened risk of a housing crisis. Private securitizers withdrew from purchasing high-risk mortgages, while government-sponsored enterprises, Fannie Mae and Freddie ...

Rethinking investment risk

Financial innovation is supposed to reduce riskā€”in theory, at least. Yes, new financial instruments based on the housing market helped cause the financial crisis of 2008. But in the abstract, those same instruments have ...

It's not a cost of living crisis. It's a poverty pandemic

There is a poverty crisis in the UK. But when outlining his 110 growth measures aimed at getting "the British economy working" during his autumn statement, the chancellor's measures to tackle the cost of living crisis were ...

Ontario wetlands under threat

Thursday, February 2 marks World Wetlands Day, an international government agreement acknowledging the importance of wetlands and their ecological role in conserving our ecosystems.

Can a universal basic income help address homelessness?

Homelessness is an increasing problem across the developed world, and existing policy responses are failing to make an impact. In Australia, for instance, homelessness has increased despite growing investment in (predominantly ...

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