Months. Including the iba, mill ken institute, several coauthors writing jointly for the urban institute, and many others. The committee is considering all of these proposals as well as other ideas about what the future system should look like. In the meantime, f hrks a serve as regulator of the enterprises and as regulator of the federal home loan banks. As conservator of the gse easy, theyre obligated to preserve and conserve the as 70s franny and freddie mac. They have undertaken a number of initiatives in recent years including some that began prior to director watts tenure. The platform was originally intipped to function like a market utility, independent from the enterprises. That would be used to issue both Agency Securities and private label securities. The platform has instead been developed specifically for securities issued by fanny mae and fredty mack. One important question as we embark on this is whether we should utilize the csp or consider other alternatives such as ex
Walmart parking lot not far from. I thought he threw a rock at my car and then i asked my son if we were hit and he said, yes, and my back window was all shattered. Reporter barb says grosso was driving aggressively and tried to pass her. She said she was afraid and sped up. Instead of just driving off he followed her and fired that shot from inside his car shattering their window. She says it all happened so quickly, she had just dropped off her daughter at work her son was in the passenger seat and within seconds they were being fired at. Im just glad someone up there was watching over me cause clearly they were from the angle that bullet shot was. Reporter hours after the shooting police were able to track down grosso and take him into custody without incident. After i found out he was cautery leaf there. I dont have to be paranoid anymore. Whatever was wrong with him i hope he gets the help. Reporter so back out live we can tell that you police say there is video of this incident.
System. Fannie mae and freddie mac have been in conservatorship for close to nine years. In september 2008, then treasury secretary hank paulson famously described the conservatorships as a timeout. Today, fannie and freddie along with fha continue to dominate the Mortgage Market. Approximately 70 of the mortgages are backed by the federal government. While fannie and freddie are currently earning profits, if the Housing Market experiences a downturn, taxpayers could again be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system depends on two Government Sponsored Enterprises and perpetual conservatorship is not a sustainable solution. Taxpayers today bear too much risk and the government plays too big a role in the Mortgage Market. A number of groups have released proposals for reform in recent months. Including the mba, the icba, the milken institute, several coauthors writing jointly for the urban institute, and many others. The commi
Okay, good morning, everybody welcome to the final 2016, meeting of the San Francisco board of supervisors budget and finance committee meeting. My name is mark farrell and i will be chairing this committee and i am joined by supervisor norman yee and joined momentarily with tang and i want to thank, lindy wong and sfgtv for covering the meeting. Do you have any announcements . Silence all cell phones and devices completed cards and documented to be included as part of the file should subm submitted to td clerk. Call item one. Hearing on the recent updates regarding the citys financial position, including the mayors budget instructions to departments for the physical year, 17, 18, and 18, to 19. And requesting the mayors budget director and the controller to report. Thank you very much, supervisor tang has joined us, and this is an item that we called and i want to thank the budget dreker for being here and i thought that it was the end of the year here and the mayors instructions that
Submitted to td clerk. Call item one. Hearing on the recent updates regarding the citys financial position, including the mayors budget instructions to departments for the physical year, 17, 18, and 18, to 19. And requesting the mayors budget director and the controller to report. Thank you very much, supervisor tang has joined us, and this is an item that we called and i want to thank the budget dreker for being here and i thought that it was the end of the year here and the mayors instructions that came out last week and it would be a good idea to get the up date as a board and a city hall and thank you for being here and i know that you have a presentation to go through. Great. Thank you chair farle and so im melissa the director and i am joined by the controller, and we will be going through this presentation for about the next 20 minutes. Feel free to stop me if you have any questions. Talk about three things today, the first thing is the post election rebalancing plan, the citys