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Mortgage Reform and the Federal Role in the Secondary Mortgage Market
Francis A.T.
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Description for Mortgage Reform and the Federal Role in the Secondary Mortgage Market
Hardback. Editor(s): Francis, Alfred T.; Santos, Deanna P. Num Pages: illustrations. BIC Classification: LND. Category: (G) General (US: Trade). Dimension: 262 x 183 x 16. Weight in Grams: 498.
The federal government assumed control of the ailing Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) in 2008, two institutions that facilitate the flow of funding for home loans nationwide. The cost to taxpayers of that takeover, and the structural weaknesses that contributed to the institutions' financial problems, have prompted policymakers to consider various alternatives for the government's future role in the secondary (resale) market for residential mortgages. This book examines how Fannie Mae and Freddie Mac evolved into the institutions they are today and the rationales that are often cited for federal involvement ... Read more
The federal government assumed control of the ailing Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) in 2008, two institutions that facilitate the flow of funding for home loans nationwide. The cost to taxpayers of that takeover, and the structural weaknesses that contributed to the institutions' financial problems, have prompted policymakers to consider various alternatives for the government's future role in the secondary (resale) market for residential mortgages. This book examines how Fannie Mae and Freddie Mac evolved into the institutions they are today and the rationales that are often cited for federal involvement ... Read more
Product Details
Publisher
Nova Science Publishers Inc United States
Format
Hardback
Publication date
2012
Condition
New
Number of Pages
145
Place of Publication
New York, United States
ISBN
9781621008613
SKU
V9781621008613
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-1
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