Nationalizing Mortgage Risk:: The Growth of Fannie Mae and Freddie Mac (AEI Studies in Financial Market Dregulation)
Language: English
Published by AEI Press, 2000
- Softcover
- New
Softcover
Condition: New
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- Title
- Nationalizing Mortgage Risk:: The Growth of Fannie Mae and Freddie Mac (AEI Studies in Financial Market Dregulation)
- Author
- Wallison, Peter; Ely, Bert
- Publisher
- AEI Press
- Publication year
- 2000
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0844771465
- ISBN 13
- 9780844771465
This essential and eye-opening examination of the housing market reveals how government-sponsored enterprises Fannie Mae and Freddie Mac quietly swallowed a growing share of residential mortgage risk, exposing taxpayers to enormous liability, squeezing out private lenders, and prompting AEI scholar Peter Wallison and Bert Ely to lay out the policy options for reining in the de facto nationalization of America's mortgage markets.
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