The CUPP | Episode 14: How did we avoid a COVID mortgage meltdown?

Join Dr. Mark Calabria as he discusses his new book, “Shelter from the Storm: How A COVID Mortgage Meltdown Was Averted.” Dr. Calabria explains the challenges that faced the mortgage markets at the beginning of the pandemic and the careful steps and difficult decisions he had to make while leading the agency. His leadership helped to ensure the safety and soundness of the government-sponsored enterprises (GSEs) and maintain well-functioning markets for mortgage bankers and investors.

Key Takeaways

  • Get a peek inside Calabria’s new book, “Shelter from the Storm”.
  • Learn the details of what happened to mortgage markets in early 2020 and how the FHFA, at the direction of Dr. Calabria, stepped in.
  • Hear perspectives on the current housing market and what the future may look like for the GSEs.


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