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- Title
BUILDING A NEW PRIVATE SECTOR SECONDARY MORTGAGE MARKET: AN ANALYSIS OF THE PROPOSAL BY THE HOUSING POLICY COUNCIL.
- Authors
Sivon, James C.
- Abstract
The article presents information on the establishment of a new secondary mortgage market for the private sectors in the U.S. with respect to the system of housing finance in the country. The creation of the government-sponsored enterprise Fannie Mae and Freddie Mac was for the purpose of the system of funding in residential mortgages. Information on the role of the government guarantee on the housing finance of the U.S. is also presented.
- Subjects
UNITED States; SECONDARY mortgage market; PRIVATE sector; HOUSING finance; FANNIE Mae; FREDDIE Mac (Company); MORTGAGE banks
- Publication
Hamline Law Review, 2012, Vol 35, Issue 2, p415
- ISSN
0198-7364
- Publication type
Article