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Paperback Fannie Mae and Freddie Mac: Turning the American Dream Into a Nightmare Book

ISBN: 1780935234

ISBN13: 9781780935232

Fannie Mae and Freddie Mac: Turning the American Dream Into a Nightmare

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Format: Paperback

Condition: Like New

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Book Overview

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...

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