How Did We Avoid a COVID Mortgage Meltdown? with former FHFA Director Dr. Mark Calabria

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: How a COVID Mortgage Meltdown Was Averted.”  
• 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. 

Dr. Mark A. Calabria is a Senior Advisor to the Cato Institute and author of Shelter from the Storm: How A COVID Mortgage Meltdown Was Averted. He previously served as the Director of the Federal Housing Finance Agency (FHFA), which regulates and supervises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. Before that, Calabria served as Chief Economist to Vice President Mike Pence. He was a senior aide to the United States Senate Committee on Banking, Housing and Urban Affairs and the Deputy Assistant Secretary for Regulatory Affairs in the Office of Housing at the U.S. Department of Housing and Urban Development.