Government Sponsored Organizations : Regulation Hardback
by Mark Jickling, Edward Vincent Murphy, N Eric Weiss
Hardback
Description
As government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac are hybrids: created and chartered by Congress for specific public policy purposes, they are nonetheless private, profit-seeking businesses whose shares are traded on the New York Stock Exchange.
Their "government-sponsored" nature confers certain advantages over their purely private competitors.
As a result, their operations have expanded rapidly over the years and they long ago assumed and continue to play critical roles in the residential mortgage market.
This book provides background on the GSE reform issue, summarises the provisions of H.R. 1427 and S. 1100, and compares them to legislation passed by the House in the 109th Congress.
Information
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Out of stock
- Format:Hardback
- Pages:73 pages, Illustrations, unspecified
- Publisher:Nova Science Publishers Inc
- Publication Date:01/09/2008
- Category:
- ISBN:9781604565249
Information
-
Out of stock
- Format:Hardback
- Pages:73 pages, Illustrations, unspecified
- Publisher:Nova Science Publishers Inc
- Publication Date:01/09/2008
- Category:
- ISBN:9781604565249