Pop Goes the PSPA?
Critics of FHFA policy are finding still more affordable-housing ammunition to add to their anti-PSPA armament. A new Urban Institute paper takes aim at the revisions to the agreement struck at the last minute in January by Steven Mnuchin and Mark Calabria, honing in on restrictions on higher-risk, second, and investor mortgages in ways sure also to delight key industry groups hoping to get this business back.

GSE-030221.pdf