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Fannie Mae And Freddie Mac Turning The American Dream Into A Nightmare Oonagh Mcdonald

  • SKU: BELL-50219244
Fannie Mae And Freddie Mac Turning The American Dream Into A Nightmare Oonagh Mcdonald
$ 31.00 $ 45.00 (-31%)

4.0

26 reviews

Fannie Mae And Freddie Mac Turning The American Dream Into A Nightmare Oonagh Mcdonald instant download after payment.

Publisher: Bloomsbury Academic
File Extension: PDF
File size: 3.39 MB
Author: Oonagh McDonald
ISBN: 9781780930022, 9781780930039, 178093002X, 1780930038
Language: English
Year: 2012

Product desciption

Fannie Mae And Freddie Mac Turning The American Dream Into A Nightmare Oonagh Mcdonald by Oonagh Mcdonald 9781780930022, 9781780930039, 178093002X, 1780930038 instant download after payment.

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.

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