The Fannie and Freddie Sinkhole

Erik Banks

Chapter 4 in See No Evil, 2011, pp 78-92 from Palgrave Macmillan

Abstract: Abstract Let me now shift my focus from the seemingly incompetent bankers to those operating outside the world’s financial capitals. I’ll start in this chapter with Fannie and Freddie, the powerful government-sponsored (and now government-owned) entities at the heart of the housing crisis, and move on to the rating agencies in the next and the regulators, politicians, and lobbyists in the following one.

Keywords: House Price; Housing Market; Credit Risk; Housing Finance; Housing Crisis (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29917-7_5

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DOI: 10.1057/9780230299177_5

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