Cookies?
Library Header Image
LSE Research Online LSE Library Services

While the rescue of Fannie Mae and Freddie Mac was generally successful, there is still no end in sight to their conservatorship

Frame, W. Scott, Fuster, Andreas, Tracy, Joseph and Vickery, James (2015) While the rescue of Fannie Mae and Freddie Mac was generally successful, there is still no end in sight to their conservatorship. USApp – American Politics and Policy Blog (15 Oct 2015). Website.

[img]
Preview
PDF - Published Version
Download (224kB) | Preview

Abstract

Seven years ago the US government dramatically rescued the government-sponsored enterprises Fannie Mae and Freddie Mac, placing them into conservatorship, a situation that remains ongoing. In new research, W. Scott Frame, Andreas Fuster, Joseph Tracy, and James Vickery, assess the success of the rescue using five criteria. They find that while the agencies were able to support mortgage supply through the crisis and afterwards, the rescue was less successful in supporting the government’s macroeconomic objectives. While there is broad agreement that Fannie Mae and Freddie Mac should be replaced by a private system, there is no end to their conservatorships in sight.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Authors, USApp – American Politics and Policy Blog, The London School of Economics and Political Science.; Online
Divisions: LSE
Subjects: J Political Science > JK Political institutions (United States)
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 03 Nov 2015 14:06
Last Modified: 13 Jun 2020 23:38
URI: http://eprints.lse.ac.uk/id/eprint/64304

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics