Author: United States. Congress. House. Committee on the BudgetPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Fannie Mae, Freddie Mac, & FHA :.
Author: United States. Congress. House. Committee on the BudgetPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Guaranteed to Fail
Author: Viral V. AcharyaPublisher: Princeton University Press
ISBN: 1400838096
Category : Business & Economics
Languages : en
Pages : 233
Book Description
Why America's public-private mortgage giants threaten the world economy—and what to do about it The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.
Fannie Mae, Freddie Mac & FHA: Taxpayer Exposure in the Housing Markets, Serial No. 112-9, June 2, 2011, 112-1 Hearing, *.
Author: Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac
Author: Marvin PhaupPublisher: DIANE Publishing
ISBN: 0788130390
Category :
Languages : en
Pages : 63
Book Description
Explains the purpose and function of government-sponsored enterprises (GSEs). Describes how the housing GSEs segment in the secondary market works. Provides insights on alternative funding strategies and risk, and the necessity of congressional oversight. Focuses on the federal costs of Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). Contains 17 charts, tables and graphs.
Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market
Author: Deborah LucasPublisher: Government Printing Office
ISBN:
Category : Business & Economics
Languages : en
Pages : 80
Book Description
Fannie Mae and Freddie Mac
Author: Oonagh McDonaldPublisher: A&C Black
ISBN: 1780935234
Category : Business & Economics
Languages : en
Pages : 494
Book Description
The book demonstrates how politicians and federal agencies dominated Fannie Mae and Freddie Mac and took just thirteen years to wreck the American dream of home ownership.
Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac
Author: Marvin PhaupPublisher: DIANE Publishing
ISBN:
Category : Political Science
Languages : en
Pages : 68
Book Description
I. Understanding the housing GSEs: What, why, how? -- II. Federal costs of Fannie Mae and Freddie Mac -- III. Public benefits of the housing GSEs -- IV. Congress and the GSEs: Weak control and incompatible interests -- V. Options for improving the GSE cost-benefit balance for taxpayers.
FANNIE MAE, FREDDIE MAC & FHA: TAXPAYER,... HRG... SERIAL NO. 112-9... COM. ON BUDGET, U.S. HOUSE OF REPS... 112TH CONGRESS, 1ST SESSION.
Author: United States. Congress. House. Committee on the BudgetPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Current Information Statement
Author: United States. Agricultural Adjustment AdministrationPublisher:
ISBN:
Category :
Languages : en
Pages : 10
Book Description
Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market
Author: Deborah LucasPublisher: DIANE Publishing
ISBN: 1437944574
Category : Law
Languages : en
Pages : 77
Book Description
In September 2008, the fed. gov¿t. assumed control of Fannie Mae and Freddie Mac (FM/FM), two federally chartered institutions that last year guaranteed three-quarters of new residential mortgages originated in the U.S. This study examines various alternatives for the fed. gov¿t¿s. future role in the secondary (resale) market for residential mortgages. Contents: Overview of FM/FM, and the Secondary Mortgage Market; Possible Rationales for a Fed. Role in the Secondary Mortgage Market; Weaknesses of the Pre-crisis Model for FM/FM; Alternative Approaches for the Future of the Secondary Mortgage Market; History of the Secondary Mortgage Market; The Fed. Home Loan Banks. Charts and tables. A print on demand report.