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Serving Two Masters, Yet Out of Control: Fannie Mae and Freddie Mac

Author

Listed:
  • Peter J. Wallison

    (American Enterprise Institute)

Abstract

Because two disparate clients demand loyalty from Fannie Mae and Freddie Mac, these government-sponsored entities must fulfill two ultimately irreconcilable roles.

Suggested Citation

  • Peter J. Wallison, 2001. "Serving Two Masters, Yet Out of Control: Fannie Mae and Freddie Mac," Books, American Enterprise Institute, number 43071, September.
    • Handle: RePEc:aei:rpbook:43071
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    Citations

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    Cited by:

    1. Lawrence J. White & W. Scott Frame, 2004. "Emerging Competition and Risk-Taking Incentives at Fannie Mae and Freddie Mac," Working Papers 04-02, New York University, Leonard N. Stern School of Business, Department of Economics.
    2. Mitchell, Olivia S. & Piggott, John, 2004. "Unlocking housing equity in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 18(4), pages 466-505, December.
    3. Wall, Larry D. & Eisenbeis, Robert A. & Frame, W. Scott, 2005. "Resolving large financial intermediaries: Banks versus housing enterprises," Journal of Financial Stability, Elsevier, vol. 1(3), pages 386-425, April.
    4. W. Scott Frame & Lawrence J. White, 2005. "Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?," Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 159-184, Spring.
    5. Lawrence White, 2003. "Focusing on Fannie and Freddie: The Dilemmas of Reforming Housing Finance," Journal of Financial Services Research, Springer;Western Finance Association, vol. 23(1), pages 43-58, February.
    6. Moulton, Shawn, 2014. "Did affordable housing mandates cause the subprime mortgage crisis?," Journal of Housing Economics, Elsevier, vol. 24(C), pages 21-38.
    7. Lawrence White, 2002. "Reforming Fannie and Freddie: Privatization is the Way," Working Papers 02-10, New York University, Leonard N. Stern School of Business, Department of Economics.
    8. John C. Weicher, 2006. "Commentary on \\"Federal credit and insurance programs: housing\\"," Review, Federal Reserve Bank of St. Louis, vol. 88(Jul), pages 311-322.

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