This website uses cookies.

By clicking the "Accept" button or continuing to browse our site, you agree to first-party and session-only cookies being stored on your device to enhance site navigation and analyze site performance and traffic. For more information on our use of cookies, please see our Privacy Policy.

  1. Home
  2. Journals
  3. Journal of Economic Perspectives
  4. Spring 2005
  5. Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?

  • W. Scott Frame
  • Lawrence J. White
Journal of Economic Perspectives
vol. 19, no. 2, Spring 2005
(pp. 159–184)
Download Full Text PDF
(Complimentary)

Abstract

The roles of Fannie Mae and Freddie Mac have become increasingly controversial in the modern world of residential mortgage finance. We describe the special features of these two companies and their roles in the mortgage markets. We then discuss the controversies that surround them and offer recommendations for improvements in public policy.

Citation

Frame, W. Scott, and Lawrence J. White. 2005. "Fussing and Fuming over Fannie and Freddie: How Much Smoke, How Much Fire?" Journal of Economic Perspectives, 19 (2): 159–184. DOI: 10.1257/0895330054048687

JEL Classification

  • G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
  • H81 Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
There are no comments for this article.
Login to Comment