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Conference Paper
Fannie Mae's benefits to home buyers: the business perspective
Journal Article
The housing giants in plain view
These government-sponsored enterprises continue to make headlines because of their explosive growth and resulting heavyweight status within the nation's financial system.
Journal Article
Fannie Mae's and Freddie Mac's voluntary initiatives: Lessons from banking
The federal government has an interest in the financial stability of Fannie Mae and Freddie Mac because of their importance to financial markets and the government's implicit guarantee of their liabilities. ; In October 2000 these two housing government-sponsored enterprises (GSEs) announced six voluntary initiatives. One initiative would enhance market discipline by having the GSEs issue subordinated debt. A second would boost liquidity by having the GSEs maintain a liquid securities portfolio. The other four initiatives would increase transparency by having the GSEs disclose their credit ...
Journal Article
Taxpayer risk in mortgage policy
Conference Paper
GSEs: why is effective government supervision hard to achieve?