Fannie Mae and Freddie Mac : turning the American dream into a nightmare
McDonald, Oonagh2013
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Oonagh McDonald 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, she deftly explains the aims and consequences of extending mortgage lending to people who could not afford home ownership.
Main title:
Fannie Mae and Freddie Mac : turning the American dream into a nightmare / Oonagh McDonald.
Author:
Edition:
Revised and updated paperback edition.
Imprint:
London : Bloomsbury, 2013.
Collation:
xix, 409 pages ; 24 cm
Notes:
Previous edition: 2012.Includes bibliographical references and index.
ISBN:
9781780935232 (pbk)9781780930046 (ePub ebook)9781780930053 (PDF ebook)
Dewey class:
332.722097332.7220973
Language:
English
Subject:
Federal National Mortgage AssociationFederal Home Loan Mortgage CorporationSubprime mortgage loans -- United StatesMortgage banks -- United StatesHousing -- United States -- FinanceHousing policy -- United StatesGlobal Financial Crisis, 2008-2009 -- Social aspects -- United StatesFinance and Accounting
BRN:
1245923