House of Cards: Reforming America's Housing Finance System by Edward L. Glaeser, Arnold S. Kling, Satya Thallam, Michael Lea, Lawrence J. White, Dwight M. Jaffee, Anthony B. Sanders, Peter J. Wallison

House of Cards: Reforming America's Housing Finance System

Edward L. Glaeser, Arnold S. Kling, Satya Thallam, Michael Lea, Lawrence J. White, Dwight M. Jaffee, Anthony B. Sanders, Peter J. Wallison

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Description

Fannie Mae and Freddie Mac—privately managed, profit-seeking government-sponsored enterprises (GSEs)—played a crucial role in inflating America’s housing bubble. Now that the bubble has burst and the GSEs’ mistakes have resulted in huge taxpayer l...

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