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010   $a9781780930039 (ebook)
010   $z9781780930022 (hardback)
024 7 $a10.5040/9781780930039
035   $a(CKB)3680000000164612
035   $a(OCoLC)802053775
035   $a(UtOrBLW)bpp09255639
035   $a(EXLCZ)993680000000164612
100   $a20140929d2012      uy             0
101 0 $aeng
135   $aurun|---uuuua
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aFannie Mae and Freddie Mac $eturning the American dream into a nightmare /$fOonagh McDonald
210  1$aLondon ;$aNew York :$cBloomsbury Academic,$d2012.
215   $a1 online resource (475 pages)
311 08$aPrint version: 9781780930022 
320   $aIncludes bibliographical references (pages 441-461) and index.
327   $aAcknowledgements -- Introduction -- Timeline -- Chapter 1. The Seeds are Sown -- Chapter 2. Two More Tools in the Toolkit -- Chapter 3. The Role of the Housing and Urban Development Department -- Chapter 4. Mortgage Data -- Chapter 5. The 'Mission Regulator' for Fannie Mae and Freddie Mac -- Chapter 6. The GSEs and the Developing Crisis -- Chapter 7. The Dominance of the GSEs -- Chapter 8. The Beginning of the End for Freddie Mac -- Chapter 9. The Beginning of the End for Fannie Mae -- Chapter 10. The Years 2005 to 2007. Drinking in the Last Chance Saloon -- Chapter 11. The Subprime Market Grew and Grew and No One Knew -- Chapter 12. Why did Fannie Mae and Freddie Mac get away with it for so long? -- Chapter 13. The End Cometh -- Chapter 14. What Next? -- Appendix 1 -- Abbreviations -- Bibliography -- Index.
330   $a"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."--Bloomsbury Publishing.
517 3 $aTurning the American dream into a nightmare
606   $aFinancial crises$zUnited States
606   $aHousing policy$zUnited States
606   $aHousing$zUnited States$xFinance
606   $aMortgage banks$zUnited States
606   $aSubprime mortgage loans$zUnited States
606   $2Economic systems & structures
615  0$aFinancial crises
615  0$aHousing policy
615  0$aHousing$xFinance.
615  0$aMortgage banks
615  0$aSubprime mortgage loans
700   $aMcDonald$b Oonagh$0802065
801  0$bUtOrBLW
801  1$bUtOrBLW
912   $a9910774701503321
996   $aFannie Mae and Freddie Mac$91803343
997   $aUNINA