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Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac (AEI Studies on Financial Market Deregulation)
 
 
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Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac (AEI Studies on Financial Market Deregulation) [Paperback]

Peter Wallison (Author), Bert Ely (Author)

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Book Description

January 1, 2000 AEI Studies on Financial Market Deregulation
Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.

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Nationalizing Mortgage Risk: The Growth of Fannie Mae and Freddie Mac (AEI Studies on Financial Market Deregulation) + Serving Two Masters, Yet Out of Control: Fannie Mae and Freddie Mac + Privatizing Fannie Mae, Freddie Mac and the Federal Home Loan Banks: Why and How
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Inside This Book (learn more)
First Sentence:
The Federal National Mortgage Association (popularly known as Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) are two government-chartered and government-sponsored corporations that have been assigned the statutory mission of improving liquidity in the middle-class residential mortgage markets by buying and selling residential mortgages. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
jumbo market, residential mortgage market, mortgage portfolio
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Fannie Mae, Freddie Mac, United States, Annual Annual Growth Growth Rate, Franklin Raines
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