Session Description

What is a GSE?

Wednesday, November 20, 2024

3:15 p.m. to 4:30 p.m.

In this session, Tom will discuss what a Government Sponsored Enterprise (GSE) is, what benefits it confers, and the significance of this status to the Farm Credit System. Tom provides a thorough overview of the intent and history of the GSE, how it is determined, and explains in practical terms the Farm Credit challenges, benefits, and implications of having GSE status. Policy implications of GSE status have become especially significant since the Financial Crisis, when the largest GSEs, Fannie Mae and Freddie Mac, went into government hands.

Learner Outcomes:

1. Understand how boards and executives can keep their institutions out of trouble
2. Understand the term “GSE” and its significance
3. Understand the benefits and challenges of GSE status, and the value of GSE status for the Farm Credit System
4. Understand the responsibilities of directors and managers to keep their institutions safe and sound