The mortgage wars : inside Fannie Mae, big-money politics, and the collapse of the American dream

The Resource The mortgage wars : inside Fannie Mae, big-money politics, and the collapse of the American dream

Label

The mortgage wars : inside Fannie Mae, big-money politics, and the collapse of the American dream

Title remainder

inside Fannie Mae, big-money politics, and the collapse of the American dream

Statement of responsibility

Timothy Howard

Language

eng

Summary

"The former Fannie Mae CFO's inside look at the war between the financial giants and government regulators A provocative true-life thriller about the all-out fight for dominance of the mortgage industry--and how it nearly destroyed the global financial system. Many books have been written about the 2008 financial crisis, but they miss the biggest story of the meltdown: the battle between giant financial companies to dominate the $11 trillion mortgage market that almost destroyed the global financial system. For more than twenty years, until 2004, Timothy Howard was a senior executive at the best known of those companies, Fannie Mae, and he was in the middle of that fight.In The Franchise, Howard explains how seemingly unrelated developments in banking regulation, housing policy, Wall Street financial innovation, and political lobbying all combined to wreak havoc on the American housing market and the world economy.Timothy Howard was Vice Chairman and Chief Financial Officer of Fannie Mae until 2004. Prior to this, he was senior financial economist at Wells Fargo Bank in San Francisco"--

Assigning source

Provided by publisher

Cataloging source

DLC

Dewey number

332.7/20973

Index

index present

LC call number

HG2040.5.U5

LC item number

H69 2014

Literary form

non fiction

Nature of contents

bibliography

Context

Context of The mortgage wars : inside Fannie Mae, big-money politics, and the collapse of the American dream

Structured data from the Bibframe namespace is licensed under the Creative Commons Attribution 4.0 International License by San Francisco Public Library. Additional terms may apply to data associated with third party namespaces.

Context

Work of