Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Future of Housing Finance: Restructuring the U.S. Residential Mortgage Market

Future of Housing Finance: Restructuring the U.S. Residential Mortgage Market

Baily, Martin Neil

Paperback

Real EstateGeneral Political Science

ISBN10: 0815722087
ISBN13: 9780815722083
Publisher: Brookings Institution Press
Published: Oct 7 2011
Pages: 224
Weight: 0.70
Height: 0.70 Width: 6.10 Depth: 9.10
Language: English

Fannie Mae and Freddie Mac, government-sponsored enterprises that played a prominent role in the financial crisis of 2008, and the federal government have come to a crossroads. The government must make key decisions about their structure, and indeed, their very existence.
The government has played an important role in the American housing market since the early 1930s, when the Great Depression ushered in housing programs to promote a stable society. The government's role expanded further during the recent housing and financial crisis--Fannie Mae and Freddie Mac now dominate the American housing market, backing more than 62 percent of new mortgages and holding more than $5 trillion in accumulated mortgage risk.

Also from

Baily, Martin Neil

View All

Also in

General Political Science

View All