Vai al contenuto principale della pagina

Guaranteed to fail [[electronic resource] ] : Fannie Mae, Freddie Mac, and the debacle of mortgage finance / / Viral V. Acharya ... [et al.]



(Visualizza in formato marc)    (Visualizza in BIBFRAME)

Autore: Acharya Viral V. Visualizza persona
Titolo: Guaranteed to fail [[electronic resource] ] : Fannie Mae, Freddie Mac, and the debacle of mortgage finance / / Viral V. Acharya ... [et al.] Visualizza cluster
Pubblicazione: Princeton, : Princeton University Press, c2011
Edizione: Course Book
Descrizione fisica: 1 online resource (233 p.)
Disciplina: 332.7/20973
Soggetto topico: Business failures - United States - History - 21st century
Financial crises - United States - History - 21st century
Housing - United States - Finance
Mortgage loans - Government policy - United States
Soggetto non controllato: Affordable housing
Agency debt
Alt-A
Asset management
Asset
Balance sheet
Bank of America
Bank run
Bank
Bear Stearns
Ben Bernanke
Capital market
Capital requirement
Cash
Central bank
Citigroup
Commercial bank
Conservatorship
Countrywide
Credit (finance)
Credit risk
Credit score in the United States
Credit score
Creditor
Debt
Dodd–Frank Wall Street Reform and Consumer Protection Act
Down payment
Economics
Economist
Economy
Equity (finance)
Fannie Mae
Federal Housing Administration
Federal Housing Finance Agency
Finance
Financial crisis
Financial institution
Financial services
Fixed-rate mortgage
Foreclosure
Freddie Mac
Funding
Government National Mortgage Association
Government debt
Guarantee
Hedge fund
Heitor Almeida
Henry Paulson
Home equity
Household
Income
Insolvency
Insurance
Interest rate risk
Interest rate
Investment
Investor
JPMorgan Chase
Lehman Brothers
Lender of last resort
Leverage (finance)
Line of credit
Macroeconomics
Market discipline
Market liquidity
Monetary policy
Moral hazard
Mortgage Rate
Mortgage bank
Mortgage loan
Payment
Pension fund
Percentage
Private mortgage
Private sector
Privatization
Quantitative easing
Race to the bottom
Real estate appraisal
Real estate economics
Receivership
Recession
Refinancing
Repurchase agreement
Resolution Trust Corporation
Return on equity
Saving
Savings and loan association
Secondary mortgage market
Securitization
Security (finance)
Subprime
Subsidy
Systemic risk
Too big to fail
Underwriting Standards
Underwriting
Value (economics)
Washington Mutual
Working paper
Altri autori: AcharyaViral V  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Front matter -- Contents -- Acknowledgments -- Prologue -- ONE. Feeding the Beast -- TWO. Ticking Time Bomb -- THREE. Race to the Bottom -- FOUR. Too Big to Fail -- FIVE. End of Days -- SIX. In Bed with the Fed -- SEVEN. How Others Do It -- EIGHT. How to Reform a Broken System -- NINE. Chasing the Dragon -- Epilogue -- Appendix: Timeline of U.S. Housing Finance Milestones -- Notes -- Glossary -- Index
Sommario/riassunto: The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.
Titolo autorizzato: Guaranteed to fail  Visualizza cluster
ISBN: 1-283-01208-1
9786613012081
1-4008-3809-6
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910785578803321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui