Download This PaperFussing and Fuming Over Fannie and Freddie: How Much Smoke, How Much Fire?
NYU Stern Working Paper No. 04-27; FRB Atlanta Working Paper No. 2004-26
42 Pages Posted: 15 Oct 2004
There are 2 versions of this paper
Fussing and Fuming Over Fannie and Freddie: How Much Smoke, How Much Fire?
Fussing and Fuming Over Fannie and Freddie: How Much Smoke, How Much Fire?
Date Written: October 7, 2004
Abstract
The roles of Fannie Mae and Freddie Mac have become increasingly controversial in the modern world of residential mortgage finance. We describe the special features of these two companies and their roles in the mortgage markets. We then discuss the controversies that surround them and offer recommendations for improvements in public policy.
Keywords: Fannie Mae, Freddie Mac, government-sponsored enterprises, residential mortgages, securitization, regulation
JEL Classification: G21, G28
Suggested Citation: Suggested Citation
Lawrence J. White (Contact Author)
Stern School of Business, New York University ( email )
44 West 4th Street
New York, NY 10012
United States
212-998-0880 (Phone)
212-995-4218 (Fax)
New York University (NYU) - Leonard N. Stern School of Business, Department of Economics ( email )
44 West 4th Street
Suite 9-160
New York, NY NY 10012
United States
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
The Effect of Conforming Loan Status on Mortgage Yield Spreads: A Loan Level Analysis
By Brent W. Ambrose, Michael Lacour-little, ...
-
The Effect of Housing Government-Sponsored Enterprises on Mortgage Rates
By S. Wayne Passmore, Shane M. Sherlund, ...
-
The Impact of the Agencies on Conventional Fixed-Rate Mortgage Yields
-
Fussing and Fuming Over Fannie and Freddie: How Much Smoke, How Much Fire?
By W. Scott Frame and Lawrence J. White
-
Fussing and Fuming Over Fannie and Freddie: How Much Smoke, How Much Fire?
By W. Scott Frame and Lawrence J. White
-
Gses, Mortgage Rates, and Secondary Market Activities
By Andreas Lehnert, S. Wayne Passmore, ...
-
The Gse Implicit Subsidy and the Value of Government Ambiguity
-
Gses, Mortgage Rates, and the Long-Run Effects of Mortgage Securitization
By S. Wayne Passmore, Roger Sparks, ...
-
Does Regulatory Capital Arbitrage or Asymmetric Information Drive Securitization?
By Brent W. Ambrose, Michael Lacour-little, ...