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Diane Publishing Books
2008 Federal Intervention to Stabilize Fannie Mae and Freddie Mac
W. Scott Frame (au)
Fannie Mae and Freddie Mac (FM/FM) are govít.-sponsored enterprises that play a central role in U.S. residential mortgage markets. Policymakers have become increasingly concerned about the size and risk-taking incentives of FM/FM. In Sept. 2008, the fed. govít. intervened to stabilize FM/FM in an effort to ensure the reliability of residential mortgage finance in the wake of the subprime mortgage crisis. This report describes the sources of financial distress at FM/FM, outlines the measures taken by the fed. govít., and presents evidence about the effectiveness of these actions. Looking ahead, policymakers will need to consider the future of FM/FM as well as the appropriate scope of public sector activities in primary and secondary mortgage markets.
Embracing Defeat: Japan in the Wake of World War II
Sale Price: $15.00
Creole Flavors: Recipes for Marinades, Rubs, Sauces, & Spices
In the Combat Zone: Special Forces Since 1945
Trading Spaces: Behind the Scenes
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