Government-Backed Mortgage Insurance Promoted a Speedier Recovery from the Great Recession

Posted: 1 Apr 2016

See all articles by Shane Sherlund

Shane Sherlund

Board of Governors of the Federal Reserve System

S. Wayne Passmore

Board of Governors of the Federal Reserve System

Date Written: April 12, 2016

Abstract

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).

Suggested Citation

Sherlund, Shane and Passmore, Stuart Wayne, Government-Backed Mortgage Insurance Promoted a Speedier Recovery from the Great Recession (April 12, 2016). FEDS Notes No. 2016-04-12 http://dx.doi.org/10.17016/2380-7172.1742, Available at SSRN: https://ssrn.com/abstract=3723930

Shane Sherlund

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Stuart Wayne Passmore (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States
202-452-6432 (Phone)
202-452-3819 (Fax)

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