Housing
- Report
Ginnie Mae and the Securitization of Federally Guaranteed Mortgages
CBO describes the securitization programs of the Government National Mortgage Association (Ginnie Mae) and compares its baseline budget projections for Ginnie Mae with outcomes under a scenario of severe economic stress.
- Working Paper
How CBO Estimates the Market Risk of Federal Credit Programs: Working Paper 2021-14
This paper describes the methods and data that CBO uses to estimate the cost of market risk for three categories of federal credit programs: housing and real estate loans, student loans and other consumer loans, and commercial loans.
- Cost Estimate
Estimated Budgetary Effects of Title IV, Committee on Financial Services, H.R. 5376, the Build Back Better Act
As Posted on the Website of the House Committee on Rules on November 3, 2021 (Rules Committee Print 117-18), as Amended by Yarmuth Amendment 112
- Cost Estimate
Reconciliation Recommendations of the House Committee on Financial Services
As ordered reported on September 14, 2021
- Report
Estimates of the Cost of Federal Credit Programs in 2022
CBO estimates the costs of federal credit programs in two ways—following procedures prescribed by the Federal Credit Reform Act (FCRA) and using a fair-value approach, which measures the market value of the government’s obligations.
- Report
The Role of the Department of Veterans Affairs in the Single-Family Mortgage Market
CBO describes VA’s mortgage guarantee program, provides estimates of the budgetary costs of the program, and compares those costs with expenditures for other federal guarantees.
- Report
The Budgetary Effects of Major Laws Enacted in Response to the 2020–2021 Coronavirus Pandemic, December 2020 and March 2021
CBO describes how two laws enacted in December 2020 and March 2021 in response to the 2020–2021 coronavirus pandemic will affect federal spending, revenues, and the deficit.
- Cost Estimate
H.R. 4657, Veteran Home Energy Savings Act
As ordered reported by the House Committee on Veterans’ Affairs on
July 28, 2021 - Report
Report on the Troubled Asset Relief Program—July 2021
Congress created the Troubled Asset Relief Program (TARP) in 2008 to stabilize financial markets. CBO estimates that the TARP’s net cost will be $31 billion—about what it reported in March 2020 and $1 billion lower than OMB’s latest estimate.
- Presentation
Cost Estimates for Legislation That Would Affect Housing Assistance Programs
Presentation by Elizabeth Cove Delisle, an analyst in CBO's Budget Analysis Division, to the Council of Large Public Housing Authorities.