White / Acharya / Richardson Guaranteed to Fail

Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance
Course Book
ISBN: 978-1-4008-3809-7
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 232 Seiten

Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh, and Lawrence J. White are professors at the Leonard N. Stern School of Business at New York University, and are experts in applied financial economics. Acharya and Richardson are the coeditors of Restoring Financial Stability and Regulating Wall Street. Van Nieuwerburgh is an expert on household finance and mortgage markets. White has studied government-sponsored enterprises for many years and served on the board of Freddie Mac from 1986 to 1989 as part of his government service as a board member on the Federal Home Loan Bank Board.

Autoren/Hrsg.

White, Lawrence J.

Acharya, Viral V.

Richardson, Matthew

van Nieuwerburgh, Stijn

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

Acknowledgments ix

Prologue 1

CHAPTER ONE: Feeding the Beast 11

CHAPTER TWO: Ticking Time Bomb 31

CHAPTER THREE: Race to the Bottom 41

CHAPTER FOUR: Too Big to Fail 61

CHAPTER FIVE: End of Days 80

CHAPTER SIX: In Bed with the Fed 99

CHAPTER SEVEN: How Others Do It 115

CHAPTER EIGHT: How to Reform a Broken System 132

CHAPTER NINE: Chasing the Dragon 165

EPILOGUE 178

Appendix: Timeline of U.S. Housing Finance Milestones 183

Notes 187

Glossary 207

Index 211

Über Autor(innen)

Viral V. Acharya, Matthew Richardson, Stijn Van Nieuwerburgh, and Lawrence J. White are professors at the Leonard N. Stern School of Business at New York University, and are experts in applied financial economics. Acharya and Richardson are the coeditors of Restoring Financial Stability and Regulating Wall Street. Van Nieuwerburgh is an expert on household finance and mortgage markets. White has studied government-sponsored enterprises for many years and served on the board of Freddie Mac from 1986 to 1989 as part of his government service as a board member on the Federal Home Loan Bank Board.