Title Fannie Mae and Freddie Mac : turning the American dream into a nightmare / Oonagh McDonald.

Publication Info.

London : Bloomsbury Academic, 2012.

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Location	Call No.	Status
University of Saint Joseph: Pope Pius XII Library - Internet	WORLD WIDE WEB E-BOOK BLOOMSBURY	Downloadable
Please click here to access this Bloomsbury resource

Description	1 online resource (xvii, 475 pages)
Contents	Introduction -- Timeline -- The Seeds are Sown -- Two More Tools in the Tool-Kit -- The Role of the Housing and Urban Development Department (HUD) -- Mortgage Data -- The "Mission Regulator" for Fannie Mae and Freddie Mac -- The GSEs and the Developing Crisis -- The Dominance of the GSEs -- The Beginning of the End for Freddie Mac -- The Beginning of the End for Fannie Mae -- The Years 2005 to 2007 -- The Subprime Market Grew and Grew and No One Knew -- Why Did Fannie Mae and Freddie Mac Get Away with It for So Long? -- The End Cometh -- What Next? -- Appendix -- Bibliography.
Summary	"This book examines the role of Fannie Mae, Freddie Mac and other key players in the American mortgage market, in precipitating the current global financial crisis. From President Clinton's announcement of the 'National Home Ownership Strategy' in 1995 to its collapse in 2008, this book deftly explains the aims and consequences of extending mortgage lending to people who could not afford home ownership. Bankers, investment banks, rating agencies and derivatives have all been awarded their share of the blame, while politicians, regulators and government agencies have successfully avoided theirs. Fannie Mae and Freddie Mac have been implicated, but the true story of their marriage made in hell has never been told."--Publisher's description.
Bibliography	Includes bibliographical references and index.
Note	Print version record.
Local Note	Bloomsbury Publishing Bloomsbury Open Access
Subject	Federal National Mortgage Association.
	Freddie Mac (Firm) -- Finance.
	Federal National Mortgage Association. (OCoLC)fst00510319
	Freddie Mac (Firm) (OCoLC)fst00773668
	Secondary mortgage market -- United States.
	Mortgage loans -- Government policy -- United States.
	Housing -- Finance -- Government policy -- United States.
	Subprime mortgage loans -- United States.
	Mortgage banks -- United States.
	Housing policy -- United States.
	Financial crises -- United States.
	Economic systems & structures.
	BUSINESS & ECONOMICS -- Real Estate -- Mortgages.
	Finance. (OCoLC)fst00924349
	Financial crises. (OCoLC)fst00924607
	Housing -- Finance -- Government policy. (OCoLC)fst00962287
	Housing policy. (OCoLC)fst00962432
	Mortgage banks. (OCoLC)fst01026553
	Mortgage loans -- Government policy. (OCoLC)fst01026608
	Secondary mortgage market. (OCoLC)fst01110608
	Subprime mortgage loans. (OCoLC)fst01745731
	United States. (OCoLC)fst01204155
	Finanzkrise.
	Hypothekenbank.
	United States.
Chronological Term	Geschichte 1990-2011.
Cover Title	Fannie Mae & Freddie Mac
Other Form:	Print version: McDonald, Oonagh. Fannie Mae and Freddie Mac : Turning the American Dream into a Nightmare. London : Bloomsbury Publishing, ©2012 9781780935232
ISBN	9781780930053 (electronic book)
	1780930054 (electronic book)
	9781780930039
	1780930038
	9781280699207
	1280699205
	9781780930046
	1780930046
	9781780930022
	9781780930039
	178093002X
	9781780935232

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Title Fannie Mae and Freddie Mac : turning the American dream into a nightmare / Oonagh McDonald.

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