Government-Backed Mortgage Insurance Promoted a Speedier Recovery from the Great Recession
Posted: 1 Apr 2016
Date Written: April 12, 2016
The United Sates government has a long history of involvement in mortgage finance. During the 1930s, the government created the Federal Home Loan Banks (FHLB), the Federal Housing Administration (FHA), and the Federal National Mortgage Association (Fannie Mae).
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