Federal Housing Finance Reform Act of 2005

Federal Housing Finance Reform Act of 2005 PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 312

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Federal Housing Finance Reform Act of 2005

Federal Housing Finance Reform Act of 2005 PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 312

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Book Description


Federal Housing Finance Reform Act of 2005, July 14, 2005, 109-1 House Report No. 109-171

Federal Housing Finance Reform Act of 2005, July 14, 2005, 109-1 House Report No. 109-171 PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Principles of Housing Finance Reform

Principles of Housing Finance Reform PDF Author: Susan M. Wachter
Publisher: University of Pennsylvania Press
ISBN: 0812248627
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
Nearly a decade after the housing market's collapse triggered the Great Recession, members of both sides of the political aisle are calling for reform. Principles of Housing Finance Reform lays out a roadmap for reforms for a new housing finance system to achieve liquidity, access, and sustainability.

Federal Housing Finance Reform Act of 2007

Federal Housing Finance Reform Act of 2007 PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Families
Languages : en
Pages : 346

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Federal Housing Finance Agency

Federal Housing Finance Agency PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781977540157
Category :
Languages : en
Pages : 40

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Book Description
In 2008, FHFA used its authority under the Housing and Economic Recovery Act to place Fannie Mae and Freddie Mac into conservatorships out of concern that their deteriorating financial condition threatened the stability of the financial market. Eight years later, the enterprises remain in conservatorships. However, FHFA says the conservatorships were not intended to be permanent. FHFA has issued two strategic plans for its conservatorship of the enterprises, one in 2012 and another in 2014. GAO was asked to examine FHFA's actions as conservator. This report addresses (1) the extent to which FHFA's goals for the conservatorships have changed and (2) the implications of FHFA's actions for the future of the enterprises and the broader secondary mortgage market. GAO analyzed and reviewed FHFA's actions as conservator and supporting documents; legislative proposals for housing finance reform; the enterprises' senior preferred stock agreements with Treasury; and GAO, Congressional Budget Office, and FHFA inspector general reports. GAO also interviewed FHFA and Treasury officials and industry stakeholders.

Housing and the Financial Crisis

Housing and the Financial Crisis PDF Author: Edward L. Glaeser
Publisher: University of Chicago Press
ISBN: 022603061X
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to climb and crash. Housing and the Financial Crisis looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of the boom and bust, including the availability of credit, the perceived risk reduction due to the securitization of mortgages, and the increase in lending from foreign sources. Finally, it examines a range of policies that might address some of the sources of recent instability.

Federal Housing Finance Reform Act of 2005

Federal Housing Finance Reform Act of 2005 PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Housing
Languages : en
Pages : 312

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Book Description


Guaranteed to Fail

Guaranteed to Fail PDF Author: Viral V. Acharya
Publisher: Princeton University Press
ISBN: 1400838096
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Why America's public-private mortgage giants threaten the world economy—and what to do about it 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.

Congressional Record

Congressional Record PDF Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1084

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Evidence and Innovation in Housing Law and Policy

Evidence and Innovation in Housing Law and Policy PDF Author: Lee Anne Fennell
Publisher: Cambridge University Press
ISBN: 1107164923
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
This interdisciplinary volume illuminates housing's impact on both wealth and community, and examines legal and policy responses to current challenges. Also available as Open Access.