4. What to Do about the Government-Sponsored Enterprises?

  1. Viral V. Acharya and
  2. Matthew Richardson
  1. Matthew Richardson,
  2. Dwight Jaffee,
  3. Matthew Richardson,
  4. Stijn Van Nieuwerburgh,
  5. Lawrence J. White and
  6. Robert E. Wright

Published Online: 9 JAN 2012

DOI: 10.1002/9781118258163.ch4

Restoring Financial Stability: How to Repair a Failed System

Restoring Financial Stability: How to Repair a Failed System

How to Cite

Acharya, V. V. and Richardson, M. (2009) What to Do about the Government-Sponsored Enterprises?, in Restoring Financial Stability: How to Repair a Failed System, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258163.ch4

Publication History

  1. Published Online: 9 JAN 2012
  2. Published Print: 9 MAR 2009

ISBN Information

Print ISBN: 9780470499344

Online ISBN: 9781118258163

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Keywords:

  • Federal National Mortgage Association;
  • Federal Home Loan Mortgage Corporation;
  • government-sponsored enterprises;
  • mortgage-backed securities;
  • mortgage market

Summary

This chapter contains sections titled:

  • Background

  • Securitization

  • The GSEs' Mortgage Investment Strategy

  • The Financial Crisis of 2007–2009

  • On Regulatory Reform of the GSEs

  • Specific Proposals

  • Notes