Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market

Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market PDF

Author: Deborah Lucas

Publisher: DIANE Publishing

Published: 2011-05

Total Pages: 77

ISBN-13: 1437944574

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In September 2008, the fed. gov¿t. assumed control of Fannie Mae and Freddie Mac (FM/FM), two federally chartered institutions that last year guaranteed three-quarters of new residential mortgages originated in the U.S. This study examines various alternatives for the fed. gov¿t¿s. future role in the secondary (resale) market for residential mortgages. Contents: Overview of FM/FM, and the Secondary Mortgage Market; Possible Rationales for a Fed. Role in the Secondary Mortgage Market; Weaknesses of the Pre-crisis Model for FM/FM; Alternative Approaches for the Future of the Secondary Mortgage Market; History of the Secondary Mortgage Market; The Fed. Home Loan Banks. Charts and tables. A print on demand report.

Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac

Assessing the Public Costs and Benefits of Fannie Mae and Freddie Mac PDF

Author: Marvin Phaup

Publisher: DIANE Publishing

Published: 1996-07

Total Pages: 63

ISBN-13: 0788130390

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Explains the purpose and function of government-sponsored enterprises (GSEs). Describes how the housing GSEs segment in the secondary market works. Provides insights on alternative funding strategies and risk, and the necessity of congressional oversight. Focuses on the federal costs of Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation). Contains 17 charts, tables and graphs.