The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall
Resource Information
The work The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall represents a distinct intellectual or artistic creation found in San Francisco Public Library. This resource is a combination of several types including: Work, Language Material, Books.
The Resource
The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall
Resource Information
The work The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall represents a distinct intellectual or artistic creation found in San Francisco Public Library. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall
- Title remainder
- New Deal birth to mortgage crisis fall
- Statement of responsibility
- James R. Hagerty
- Language
- eng
- Summary
- In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company's capital began to run out, and the US Treasury seized control. From the New Deal to President Obama's administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author's reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster
- Cataloging source
- Midwest
- Dewey number
- 332.7/20973
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Target audience
- adult
Context
Context of The fateful history of Fannie Mae : New Deal birth to mortgage crisis fallWork of
No resources found
No enriched resources found
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sfpl.org/resource/wmHpImnVIiQ/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sfpl.org/resource/wmHpImnVIiQ/">The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sfpl.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sfpl.org/">San Francisco Public Library</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Work The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sfpl.org/resource/wmHpImnVIiQ/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sfpl.org/resource/wmHpImnVIiQ/">The fateful history of Fannie Mae : New Deal birth to mortgage crisis fall</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sfpl.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sfpl.org/">San Francisco Public Library</a></span></span></span></span></div>
