In 2011, the Government Mortgage Complex accounted for 88 percent of all first-mortgage originations in the United States, with the government also controlling an estimated 90 percent of the student loan market. The government’s growing dominance in the home mortgage and student loan categories is cause for concern, posing a threat to private investors, borrowers, and taxpayers.

It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.

For several years now, President Obama and his allies in the environmental movement have promised to usher in a green economy that will create millions of new green jobs that “can’t be outsourced.”

The banking industry suffered credit crises in the 1970s, 1980s, 1990s, and 2000s. An unavoidable conclusion is that its loan loss reserves were in all cases too small. 

WhileCongress need not makeurgent changes in the FHLB system, the system's lack of rationale could lead to substantial restraints on its growth--and possibly its eventual decline.

This is the third and last conference on two complementary plans for the privatization of Fannie Mae, Freddie Mac and the Federal Home Loan Banks, and the creation of a new more competitive and more efficient system for financing housing in the United States. As a result of the comments...

Although they are analogous to corporate directors, the directors of government-sponosored enterprises have a duty of loyalty that extends beyond the GSE itself and its shareholders or their equivalent.

The Federal Home Loan Bank (FHLB) System is a government-sponsored enterprise consisting of twelve cooperatively owned institutions that are regulated by the Federal Housing Finance Board. Shares in the individual FHLBs are owned exclusively by banks, savings institutions, credit unions, and insurance companies. Like Fannie Mae and Freddie Mac, FHLB...