Search Results
Showing results 1 to 10 of approximately 19.
(refine search)
Conference Paper
Valuing conjectural government guarantees of FNMA liabilities
Journal Article
Financing housing through government-sponsored enterprises
Three government-sponsored enterprises (GSEs)-Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System-were created to improve the availability of home mortgage financing by supplementing local funding. But today's more evolved financial markets enable retail lenders to tap national markets. Thus, the main contribution of the three housing GSEs has become providing homebuyers an interest rate subsidy that is made possible by the GSEs' special relationship with the federal government. ; This article examines the economic issues arising from the provision of such subsidies via the housing ...
Conference Paper
GSEs: why is effective government supervision hard to achieve?
Report
Mortgage rates, homeownership rates, and government-sponsored enterprises
2001 Annual Report essay