The Resource Fannie Mae's and Freddie Mac's financial problems : frequently asked questions, N. Eric Weiss

Fannie Mae's and Freddie Mac's financial problems : frequently asked questions, N. Eric Weiss

Label
Fannie Mae's and Freddie Mac's financial problems : frequently asked questions
Title
Fannie Mae's and Freddie Mac's financial problems
Title remainder
frequently asked questions
Statement of responsibility
N. Eric Weiss
Creator
Contributor
Subject
Genre
Language
eng
Summary
Recent turmoil in the housing and financial markets have caused concern over the future of Fannie Mae and Freddie Mac, which are chartered by Congress as government-sponsored enterprises (GSEs) and are widely believed to have an implicit guarantee from the federal government. Treasury Secretary Henry M. Paulsen, Jr., has proposed legislation to increase the two GSEs' line of credit with Treasury from its current $2.25 billion each to an unspecified higher amount to allow Treasury to purchase stock from Fannie and Freddie. The Federal Reserve has taken actions to allow Fannie and Freddie to borrow directly from the Fed. The Office of Federal Housing Enterprise Oversight (OFHEO) -- the GSEs safety and soundness regulator -- has repeated assurances that Fannie and Freddie have adequate capital, but as highly leveraged financial intermediaries Fannie Mae and Freddie Mac have limited resources against losses
Member of
Cataloging source
SNM
http://bibfra.me/vocab/lite/collectionName
HeinOnline
http://library.link/vocab/creatorName
Weiss, N. Eric
Government publication
federal national government publication
Index
no index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Library of Congress
Series statement
CRS report for Congress
Series volume
RS22916
http://library.link/vocab/subjectName
  • Federal National Mortgage Association
  • Freddie Mac (Firm)
  • Federal National Mortgage Association
  • Freddie Mac (Firm)
  • Housing
  • Mortgage loans
  • Mortgages
  • Mortgage loans
  • Mortgages
  • Housing
  • United States
Label
Fannie Mae's and Freddie Mac's financial problems : frequently asked questions, N. Eric Weiss
Instantiates
Publication
Note
  • "July 15, 2008."
  • Title from title screen (viewed June 1, 2009)
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
368645052
Extent
1 online resource (6 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
digital, PDF file
System control number
(OCoLC)368645052
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Acrobat Reader
Label
Fannie Mae's and Freddie Mac's financial problems : frequently asked questions, N. Eric Weiss
Publication
Note
  • "July 15, 2008."
  • Title from title screen (viewed June 1, 2009)
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
368645052
Extent
1 online resource (6 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other physical details
digital, PDF file
System control number
(OCoLC)368645052
System details
  • Mode of access: World Wide Web
  • System requirements: Adobe Acrobat Reader

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