![]() | Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance Subjects: FREDDIE MAC (FIRM); FANNIE MAE; MORTGAGE LOANS -- GOVERNMENT POLICY -- UNITED STATES; HOUSING -- UNITED STATES -- FINANCE; BUSINESS FAILURES -- UNITED STATES -- HISTORY -- 21ST CENTURY; FINANCIAL CRISES -- UNITED STATES -- HISTORY -- 21ST CENTURY; Why America's public-private mortgage giants threaten the world economy--and what to do about it Viral V. Acharya, Matthew Richardson , Stijn Van Nieuwerburgh, and Lawrence J. White are professors at the Leonard N. Stern School of Business at New York University, and are experts in applied financial economics. Acharya and Richardson are the coeditors of Restoring Financial Stability and Regulating Wall Street . Van Nieuwerburgh is an expert on household finance and mortgage markets. White has studied government-sponsored enterprises for many years and served on the board of Freddie Mac from 1986 to 1989 as part of his government service as a board member on the Federal Home Loan Bank Board. |
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