[PDF.46fs] Fateful History of Fannie Mae, The: New Deal Birth to Mortgage Crisis Fall
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Fateful History of Fannie Mae, The: New Deal Birth to Mortgage Crisis Fall
James R. Hagerty
[PDF.gh71] Fateful History of Fannie Mae, The: New Deal Birth to Mortgage Crisis Fall
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| #846110 in eBooks | 2012-09-04 | 2012-09-04 | File type: PDF||7 of 7 people found the following review helpful.| Quasi|By Stephen T. Hopkins|Readers looking for a deeper understanding of the rise and fall of Fannie Mae will find a crisp account of the past seven decades of that organization's highlights and lowlights in James R. Hagerty's book, The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall. Bob Hagerty is a reporter for The Wall Street Journal who has covered t||"How did the U.S. economy get swept up in the madness of an unsustainable home-lending binge? How can we make sure such foolishness doesn't happen again? The best place to turn for answers is 'The Story of Fannie Mae,' a lucid and meticulously reported book by
In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but wit...
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