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The Fateful History of Fannie Mae

Author : James R. Hagerty
Publisher : Arcadia Publishing
ISBN 13 : 1614236992
Total Pages : 241 pages
Book Rating : 4.6/5 (142 download)

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Book Synopsis The Fateful History of Fannie Mae by : James R. Hagerty

Download or read book The Fateful History of Fannie Mae written by James R. Hagerty and published by Arcadia Publishing. This book was released on 2012-09-04 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A lucid and meticulously reported book by one of the Wall Street Journal’s ace reporters” (George Anders, Forbes contributor and author of The Rare Find). In 1938, the administration of Franklin Delano Roosevelt created a small agency called Fannie Mae. Intended to make home loans more accessible, the agency was born of the Great Depression and a government desperate to revive housing construction. It was a minor detail of the New Deal, barely recorded by the newspapers of the day. Over the next seventy years, Fannie Mae evolved into one of the largest financial companies in the world, owned by private shareholders but with its nearly $1 trillion of debt effectively guaranteed by the government. Almost from the beginning, critics repeatedly warned that Fannie was an accident waiting to happen. Then, in 2008, the housing market collapsed. Amid a wave of foreclosures, the company’s capital began to run out, and the US Treasury seized control. From the New Deal to President Obama’s administration, James R. Hagerty explains this fascinating but little-understood saga. Based on the author’s reporting for the Wall Street Journal, personal research, and interviews with executives, regulators, and congressional leaders, The Fateful History of Fannie Mae, he explains the politics, economics, and human frailties behind seven decades of missed opportunities to prevent a financial disaster.

Fannie Mae and Freddie Mac

Author : Oonagh McDonald
Publisher : A&C Black
ISBN 13 : 1780935234
Total Pages : 494 pages
Book Rating : 4.7/5 (89 download)

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Book Synopsis Fannie Mae and Freddie Mac by : Oonagh McDonald

Download or read book Fannie Mae and Freddie Mac written by Oonagh McDonald and published by A&C Black. This book was released on 2013-07-18 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book demonstrates how politicians and federal agencies dominated Fannie Mae and Freddie Mac and took just thirteen years to wreck the American dream of home ownership.

Go Ask Fannie

Author : Elisabeth Hyde
Publisher : Penguin
ISBN 13 : 0735218617
Total Pages : 306 pages
Book Rating : 4.7/5 (352 download)

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Book Synopsis Go Ask Fannie by : Elisabeth Hyde

Download or read book Go Ask Fannie written by Elisabeth Hyde and published by Penguin. This book was released on 2019-04-02 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: "With all the feels of a This Is Us episode, Hyde's latest novel will delight readers" (Booklist). Three adult siblings. Three days with their father. What could go wrong? When Murray Blaire invites his three children to his New Hampshire farm for a few days, he makes it clear he expects things to be pleasant. But when Ruth and George arrive already bickering and Lizzie turns up late, cradling a damaged family cookbook and talking about possible criminal charges against her, all hope for a relaxing family weekend is gone. This is not the first time the Blaire family has been thrown into chaos. In fact, that cookbook, an old edition of Fannie Farmer, is the last remaining artifact from a time when they were a family of six, not four, with a father running for Congress and a mother building a private life of her own. The notes written in its pages, pages Lizzie risked her spotless record to save, provide tantalizing clues to their mother's ambitions and the mysterious choices she once made, choices that pulled the Blaire family apart, but could also bring them back together. Told with equal measures of humor and tenderness, Go Ask Fannie is a warm and heartfelt tale of the power of family and the pains of growing up, proving that family survival isn't about setting aside old rivalries, but preserving the love that's written between the lines.

Guaranteed to Fail

Author : Viral V. Acharya
Publisher : Princeton University Press
ISBN 13 : 1400838096
Total Pages : 233 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Guaranteed to Fail by : Viral V. Acharya

Download or read book Guaranteed to Fail written by Viral V. Acharya and published by Princeton University Press. This book was released on 2011-03-14 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why America's public-private mortgage giants threaten the world economy—and what to do about it The financial collapse of Fannie Mae and Freddie Mac in 2008 led to one of the most sweeping government interventions in private financial markets in history. The bailout has already cost American taxpayers close to $150 billion, and substantially more will be needed. The U.S. economy--and by extension, the global financial system--has a lot riding on Fannie and Freddie. They cannot fail, yet that is precisely what these mortgage giants are guaranteed to do. How can we limit the damage to our economy, and avoid making the same mistakes in the future? Guaranteed to Fail explains how poorly designed government guarantees for Fannie Mae and Freddie Mac led to the debacle of mortgage finance in the United States, weighs different reform proposals, and provides sensible, practical recommendations. Despite repeated calls for tougher action, Washington has expanded the scope of its guarantees to Fannie and Freddie, fueling more and more housing and mortgages all across the economy--and putting all of us at risk. This book unravels the dizzyingly immense, highly interconnected businesses of Fannie and Freddie. It proposes a unique model of reform that emphasizes public-private partnership, one that can serve as a blueprint for better organizing and managing government-sponsored enterprises like Fannie Mae and Freddie Mac. In doing so, Guaranteed to Fail strikes a cautionary note about excessive government intervention in markets.

The Fannie Farmer Baking Book

Author : Marion Cunningham
Publisher : Gramercy
ISBN 13 : 9780517148297
Total Pages : 0 pages
Book Rating : 4.1/5 (482 download)

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Book Synopsis The Fannie Farmer Baking Book by : Marion Cunningham

Download or read book The Fannie Farmer Baking Book written by Marion Cunningham and published by Gramercy. This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A superb collection of more than 800 recipes drawn from both America's rich past and new culinary discoveries. It's the Bible of baking, considered by many as the most thorough baking book on the market. The highly readable, easy-to-follow text explains the whys and hows of baking and makes it easy for even the beginner to achieve delicious results in the kitchen. Line drawings throughout.

Privatizing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks

Author : Peter J. Wallison
Publisher : American Enterprise Institute
ISBN 13 : 9780844741901
Total Pages : 128 pages
Book Rating : 4.7/5 (419 download)

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Book Synopsis Privatizing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks by : Peter J. Wallison

Download or read book Privatizing Fannie Mae, Freddie Mac, and the Federal Home Loan Banks written by Peter J. Wallison and published by American Enterprise Institute. This book was released on 2004 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that privatization of the government-sponsored enterprises is the only viable way to protect the taxpayers and the economy.

Fannie in the Kitchen

Author : Deborah Hopkinson
Publisher : Simon and Schuster
ISBN 13 : 1442484594
Total Pages : 40 pages
Book Rating : 4.4/5 (424 download)

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Book Synopsis Fannie in the Kitchen by : Deborah Hopkinson

Download or read book Fannie in the Kitchen written by Deborah Hopkinson and published by Simon and Schuster. This book was released on 2013-07-23 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marcia was trying to help her mama. So maybe balancing on top of a tower of chairs to dip candles wasn't such a good idea. And perhaps her biscuits worked better as doorstops than dessert. Still, does her mama really need to hire a mother's helper? Then Fannie Farmer steps into their kitchen, and all of a sudden the biscuits are dainty and the griddle cakes aren't quite so...al dente. As Fannie teaches Marcia all about cooking, from how to flip a griddle cake at precisely the right moment to how to determine the freshness of eggs, Marcia makes a wonderful new friend. Here's the story "from soup to nuts" -- delightfully embellished by Deborah Hopkinson -- of how Fannie Farmer invented the modern recipe and created one of the first and best-loved American cookbooks. Nancy Carpenter seamlessly incorporates vintage engravings into her pen, ink, and watercolor illustrations, deliciously evoking the feeling of a time gone by.

Shaky Ground

Author : Bethany McLean
Publisher :
ISBN 13 : 9780990976301
Total Pages : 159 pages
Book Rating : 4.9/5 (763 download)

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Book Synopsis Shaky Ground by : Bethany McLean

Download or read book Shaky Ground written by Bethany McLean and published by . This book was released on 2015 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a way, the situation is ironic: housing was at the root of the financial crisis, and six years after the meltdown, housing finance is still the greatest unsolved issue. The U.S. housing market is roughly $10 trillion, making it one of the largest segments of the bond market. Roughly 70 percent of the American population has a mortgage, and for most people, the mortgage is the most important financial instrument in their lives. But until the financial crisis, few people knew the essential role that Fannie Mae and Freddie Mac play in their mortgages. Given the $188 billion government bailout of the two firms the most expensive bailout in history the politics surrounding housing are worse than they've ever been, and the two gigantic firms sit in limbo. Best-selling investigative journalist Bethany McLean, the coauthor of The Smartest Guys in the Room andAll the Devils Are Here, explains why the situation is dangerous and unsustainable, and proposes a few solutions from the perfect, but politically unfeasible to the doable, but ugly.

Fannie Mae and Freddie Mac

Author : James R. Cristie
Publisher : Nova Publishers
ISBN 13 : 9781600213564
Total Pages : 360 pages
Book Rating : 4.2/5 (135 download)

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Book Synopsis Fannie Mae and Freddie Mac by : James R. Cristie

Download or read book Fannie Mae and Freddie Mac written by James R. Cristie and published by Nova Publishers. This book was released on 2007 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the late 1980s and 1990s, Fannie Mae grew rapidly into the largest firm in the U.S. housing finance system and a major global financial institution. The Enterprise achieved double-digit growth in earnings per common share (EPS) for 15 straight years and leveraged its extraordinary financial success into enormous political influence. That financial and political success gave rise to a corporate culture at Fannie Mae in which senior management promoted the Enterprise as one of the lowest-risk financial institutions in the world and as "best in class" in terms of risk management, financial reporting, internal control, and corporate governance. This book describes the development and extent of the problems with Fannie Mae's accounting policies, internal controls, financial reporting, and corporate governance that led to the restatement of the Enterprise's financial reports and the actions to remedy that situation that the Office of Federal Housing Enterprise Oversight (OFHEO) has directed the Enterprise to take to date. The book also recommends that actions be taken to enhance the goal of maintaining the safety and soundness of Fannie Mae.

The World According to Fannie Davis

Author : Bridgett M. Davis
Publisher : Little, Brown
ISBN 13 : 0316558710
Total Pages : 246 pages
Book Rating : 4.3/5 (165 download)

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Book Synopsis The World According to Fannie Davis by : Bridgett M. Davis

Download or read book The World According to Fannie Davis written by Bridgett M. Davis and published by Little, Brown. This book was released on 2019-01-29 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: As seen on the Today Show: This true story of an unforgettable mother, her devoted daughter, and their life in the Detroit numbers of the 1960s and 1970s highlights "the outstanding humanity of black America" (James McBride). In 1958, the very same year that an unknown songwriter named Berry Gordy borrowed $800 to found Motown Records, a pretty young mother from Nashville, Tennessee, borrowed $100 from her brother to run a numbers racket out of her home. That woman was Fannie Davis, Bridgett M. Davis's mother. Part bookie, part banker, mother, wife, and granddaughter of slaves, Fannie ran her numbers business for thirty-four years, doing what it took to survive in a legitimate business that just happened to be illegal. She created a loving, joyful home, sent her children to the best schools, bought them the best clothes, mothered them to the highest standard, and when the tragedy of urban life struck, soldiered on with her stated belief: "Dying is easy. Living takes guts." A daughter's moving homage to an extraordinary parent, The World According to Fannie Davis is also the suspenseful, unforgettable story about the lengths to which a mother will go to "make a way out of no way" and provide a prosperous life for her family -- and how those sacrifices resonate over time.

This Little Light of Mine

Author : Kay Mills
Publisher : University Press of Kentucky
ISBN 13 : 9780813191829
Total Pages : 432 pages
Book Rating : 4.1/5 (918 download)

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Book Synopsis This Little Light of Mine by : Kay Mills

Download or read book This Little Light of Mine written by Kay Mills and published by University Press of Kentucky. This book was released on 2007-08-24 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning biography of black civil rights activist Fannie Lou Hamer

The Stories of Fannie Hurst

Author : Fannie Hurst
Publisher : Feminist Press at CUNY
ISBN 13 : 9781558614833
Total Pages : 388 pages
Book Rating : 4.6/5 (148 download)

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Book Synopsis The Stories of Fannie Hurst by : Fannie Hurst

Download or read book The Stories of Fannie Hurst written by Fannie Hurst and published by Feminist Press at CUNY. This book was released on 2004 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: A long overdue rediscovery of one of America's most prolific, important, and essential 20th century women writers.

OFHEO’s final report on Fannie Mae : hearing

Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422322772
Total Pages : 78 pages
Book Rating : 4.3/5 (227 download)

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Book Synopsis OFHEO’s final report on Fannie Mae : hearing by :

Download or read book OFHEO’s final report on Fannie Mae : hearing written by and published by DIANE Publishing. This book was released on with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fannie Lou Hamer

Author : Earnest N. Bracey
Publisher : McFarland
ISBN 13 : 0786487399
Total Pages : 211 pages
Book Rating : 4.7/5 (864 download)

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Book Synopsis Fannie Lou Hamer by : Earnest N. Bracey

Download or read book Fannie Lou Hamer written by Earnest N. Bracey and published by McFarland. This book was released on 2014-01-10 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the life of one of Mississippi's greatest civil rights activists, Fannie Lou Hamer. Known for her daring, her brinkmanship and her impassioned speech-making, Hamer rose to prominence in the Mississippi Freedom Democratic Party, an intrepid group which tried to unseat the predominantly white Democrats of Mississippi during the 1964 Democratic National Convention. She is particularly remembered for her speech before the Credentials Committee, seeking to end all-white representation of her home state. Hamer fought her entire life to expand freedom and basic rights to African Americans in the United States.

Fannie Lou Hamer

Author : Sandra Donovan
Publisher : Heinemann-Raintree Library
ISBN 13 : 9780739870303
Total Pages : 64 pages
Book Rating : 4.8/5 (73 download)

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Book Synopsis Fannie Lou Hamer by : Sandra Donovan

Download or read book Fannie Lou Hamer written by Sandra Donovan and published by Heinemann-Raintree Library. This book was released on 2004 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a brief overview of the life and accomplishments of African-American civil rights activist Fannie Lou Hamer.

Searching for Fannie Quigley

Author : Jane G. Haigh
Publisher : Ohio University Press
ISBN 13 : 080401096X
Total Pages : 209 pages
Book Rating : 4.8/5 (4 download)

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Book Synopsis Searching for Fannie Quigley by : Jane G. Haigh

Download or read book Searching for Fannie Quigley written by Jane G. Haigh and published by Ohio University Press. This book was released on 2007 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2008 WILLA Literary Awards finalist At the age of 27, Fannie Sedlacek left her Bohemian homestead in Nebraska to join the gold rush to the Klondike. From the Klondike to the Tanana, Fannie continued north, finally settling in Katishna near Mount McKinley. This woman, later known as Fannie Quigley, became a prospector who staked her own claims and a cook who ran a roadhouse. She hunted and trapped and thrived for nearly forty years in an environment that others found unbearable. Her wilderness lifestyle inspired many of those who met her to record their impressions of this self-sufficient woman, who died in 1944. To many of the 700,000 annual visitors to Denali National Park she is a symbol of the enduring spirit of the original pioneers. Searching for Fannie Quigley: A Wilderness Life in the Shadow of Mount McKinley goes beyond the mere biographical facts of this unique woman’s journey. It also tells historian Jane G. Haigh’s own story of tracking and tracing the many paths that Fannie Quigley’s intriguing life took. Uncovering remote clues, digging through archives, and listening to oral accounts from a wide array of sources, Haigh has fashioned this rich lode into a compelling narrative. In Searching for Fannie Quigley, Haigh separates fact from fiction to reveal the true story of this highly mythologized pioneer woman.

The Speeches of Fannie Lou Hamer

Author : Maegan Parker Brooks
Publisher : Univ. Press of Mississippi
ISBN 13 : 9781604738230
Total Pages : 288 pages
Book Rating : 4.7/5 (382 download)

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Book Synopsis The Speeches of Fannie Lou Hamer by : Maegan Parker Brooks

Download or read book The Speeches of Fannie Lou Hamer written by Maegan Parker Brooks and published by Univ. Press of Mississippi. This book was released on 2011-05-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most people who have heard of Fannie Lou Hamer (1917-1977) are aware of the impassioned testimony that this Mississippi sharecropper and civil rights activist delivered at the 1964 Democratic National Convention. Far fewer people are familiar with the speeches Hamer delivered at the 1968 and 1972 conventions, to say nothing of addresses she gave closer to home, or with Malcolm X in Harlem, or even at the founding of the National Women's Political Caucus. Until now, dozens of Hamer's speeches have been buried in archival collections and in the basements of movement veterans. After years of combing library archives, government documents, and private collections across the country, Maegan Parker Brooks and Davis W. Houck have selected twenty-one of Hamer's most important speeches and testimonies. As the first volume to exclusively showcase Hamer's talents as an orator, this book includes speeches from the better part of her fifteen-year activist career delivered in response to occasions as distinct as a Vietnam War Moratorium Rally in Berkeley, California, and a summons to testify in a Mississippi courtroom. Brooks and Houck have coupled these heretofore unpublished speeches and testimonies with brief critical descriptions that place Hamer's words in context. The editors also include the last full-length oral history interview Hamer granted, a recent oral history interview Brooks conducted with Hamer's daughter, as well as a bibliography of additional primary and secondary sources. The Speeches of Fannie Lou Hamer demonstrates that there is still much to learn about and from this valiant black freedom movement activist.