Skip to main content

Home/ wlmac economics/ Contents contributed and discussions participated by Alexandra Huang

Contents contributed and discussions participated by Alexandra Huang

Simple Middle Filter: All | Bookmarks | Topics
Alexandra Huang

The Obama Speech We're Waiting For Fannie Mae and Freddie Mac need to get the BP treatment - 0 views

online.wsj.com/...4895204575320922399530274.html

financial crisis economics blame Fannie Freddie

shared by Alexandra Huang on 14 Jan 11 - No Cached
  • Alexandra Huang on 14 Jan 11
     
    Obama's view and plan towards Fannie and Freddie in the blame for the financial crisis.
Alexandra Huang

Fannie Mae and Freddie Mac reform: Would it add $5 trillion to US debt? - 0 views

www.csmonitor.com/...d-it-add-5-trillion-to-US-debt

financial crisis economics Fannie Freddie

shared by Alexandra Huang on 14 Jan 11 - No Cached
  • Alexandra Huang on 14 Jan 11
     
    Their not awaring of the bad situation really brought lots of troubles to the government...!
Alexandra Huang

Fair Game - Freddie, Fannie and the Third Rail of Housing Policy - NYTimes.com - 0 views

www.nytimes.com/...08gret.html

financial crisis economics Fannie Mae Freddie Mac

shared by Alexandra Huang on 14 Jan 11 - No Cached
  • Alexandra Huang on 14 Jan 11
     
    recent news of fannie and freddie after the bailout
Alexandra Huang

Fannie Mae, Freddie Mac And The Credit Crisis Of 2008 - 1 views

www.investopedia.com/...-freddie-mac-credit-crisis.asp

financial crisis economics Fannie Mae Freddie Mac

shared by Alexandra Huang on 14 Jan 11 - No Cached
  • Alexandra Huang on 14 Jan 11
     
    fully explained the collapse of the two mortgage giants and the conclusion would probably somehow help the defendants...XD
Alexandra Huang

Who Is To Blame For The Subprime Crisis? - 6 views

www.investopedia.com/...subprime-blame.asp

financial crisis economics blame lenders

shared by Alexandra Huang on 05 Jan 11 - Cached
  • Alexandra Huang on 13 Jan 11
     
    Biggest Culprit: The Lenders Most of the blame should be pointed at the mortgage originators (lenders) for creating these problems. It was the lenders who ultimately lent funds to people with poor credit and a high risk of default.
Ms Cuttle

Definitions - 98 views

financial crisis definitions
started by Ms Cuttle on 12 Dec 10 no follow-up yet
  • Alexandra Huang
    #29 Alexandra Huang on 13 Jan 11
     
    What are Fannie Mae and Freddie Mac?

    They are called government-sponsored enterprises because they initially were formed by the federal government. Fannie Mae is a common name for Federal National Mortgage Assn. in Washington, D.C. Freddie Mac is a common name for Federal Home Loan Mortgage Corp. in McLean, Va.


    What do Fannie Mae and Freddie Mac do?

    Fannie Mae and Freddie Mac buy mortgages from savings and loans, banks and other lenders to generate more cash for those lenders to make more home loans. Together they hold or guarantee $5.4 trillion of mortgages, about half of the nation's home loans outstanding.


    What's the difference between the two?

    There's no practical difference in their missions or criteria for buying and guaranteeing loans. Their origins differ: Fannie Mae was created under President Franklin D. Roosevelt in 1938 to make sure funds were available in the housing market during tough economic times. It was turned into a publicly traded company in 1968. Freddie Mac was created in 1970 so that Fannie Mae wouldn't have a monopoly on government-backed mortgages.

    http://articles.latimes.com/2008/sep/08/business/fi-qanda8
1 - 6 of 6
Showing 20▼ items per page