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The Mortgage Finance Bubble: Causes and Corrections

Patric Hendershott, Robert Hendershott and James Shilling

Journal of Housing Research, 2010, vol. 19, issue 1, 1-16

Abstract: This paper describes the development of a mortgage bubble in the last dozen years. The behavior of the Government Sponsored Enterprises (Fannie Mae and Freddie Mac) and the private-label securitization of "junk" loans are emphasized. A summary includes some thoughts on moving forward.

Date: 2010
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DOI: 10.1080/10835547.2010.12092017

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