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The government-sponsored enterprises: past and future

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  • Ronel Elul

Abstract

Fannie Mae and Freddie Mac's role in the housing bubble and financial crisis remains controversial. Did they precipitate or at least worsen the crisis? How do their benefits compare against their losses? Ronel Elul traces their evolution and actions and outlines reform proposals.

Suggested Citation

  • Ronel Elul, 2015. "The government-sponsored enterprises: past and future," Business Review, Federal Reserve Bank of Philadelphia, issue Q1, pages 11-20.
    • Handle: RePEc:fip:fedpbr:00018
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    References listed on IDEAS

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