contracts  are  available  5 Statement by Secretary Henry M. Paulson, Jr. on Treasury and Federal Housing Finance Agency Action to Protect  Financial Markets and Taxpayers, releases/Pages/hp1129.aspx. September  7,  2008, www.treasury.gov/press-center/press-  6 The size of these contingent liabilities is potentially quite large.
FHFA’s stress test results published in August 5/6  BIS central bankers' speeches  2016 found that under its severely adverse scenario the two GSEs could need to draw up to $ billion from the U.S. Treasury. See www.fhfa.gov/AboutUs/Reports/ReportDocuments/2016_DFAST_Severely-AdverseScenario.pdf. 7 American Bankers Association, “24th Annual ABA Residential Real Estate Survey Report,” (March 2017),  www.aba.com/Press/Documents/2017ABARealEstateLendingSurveyReport.pdf.