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

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 | #3343024 in Books |  2011-10-07 | Original language:English | PDF # 1 |  9.10 x.70 x6.10l,.70 | File type: PDF | 212 pages

||About the Author|

|
Martin Neil Baily is the Bernard L. Schwartz Chair in Economic Policy Development and a senior fellow and the director of the Initiative on Business and Public Policy in the Economic Studies program at the Brookings Inst


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 soci...

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