Government Sponsored Organizations : Regulation
Book Details
Format
Hardback or Cased Book
ISBN-10
1604565241
ISBN-13
9781604565249
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Sep 1st, 2008
Print length
73 Pages
Weight
136 grams
Dimensions
21.10 x 13.90 x 0.40 cms
Product Classification:
Ownership & organization of enterprises
Ksh 9,200.00
Not available
Delivery Location
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Secure
Quality
Fast
As government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac are hybrids: created and chartered by Congress for specific public policy purposes, they are nonetheless private, profit-seeking businesses whose shares are traded on the New York Stock Exchange. Their "government-sponsored" nature confers certain advantages over their purely private competitors. As a result, their operations have expanded rapidly over the years and they long ago assumed and continue to play critical roles in the residential mortgage market. This book provides background on the GSE reform issue, summarises the provisions of H.R. 1427 and S. 1100, and compares them to legislation passed by the House in the 109th Congress.
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