Boom and Bust

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Author :
Publisher : Government Institutes
ISBN 13 : 0844743844
Total Pages : 108 pages
Book Rating : 4.8/5 (447 download)

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Book Synopsis Boom and Bust by : Alex J. Pollock

Download or read book Boom and Bust written by Alex J. Pollock and published by Government Institutes. This book was released on 2010-11-16 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the recent economic crisis was a painful period for many Americans, the panic surrounding the downturn was fueled by an incomplete understanding of economic history. Economic hysteria made for riveting journalism and effective political theater, but the politicians and members of the media who declared that America was in the midst of the greatest financial calamity since the Great Depression were as wrong and misguided as the expansionists of the Roosevelt era. In reality the cyclical nature of market economies is as old as the markets themselves. In a free market system, financial downturns inevitably accompany economic prosperity-but the overall trend is upward progress in living standards and national wealth. While it is helpful to understand what caused the recent crisis, the more important questions to consider are 'What makes the 'boom and bust' cycle so predictable?' and 'What are the ethical responsibilities of the citizens of a free market economy?' In Boom and Bust: Financial Cycles and Human Prosperity, Alex J. Pollock argues that while economic downturns can be frightening and difficult, people living in free market economies enjoy greater health, better access to basic necessities, better education, work less arduous jobs, and have more choices and wider horizons than people at any other point in history. This wonderful reality would not exist in the absence of financial cycles. This book explains why.

Guaranteed to Fail

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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.

Privatization of Fannie Mae and Freddie Mac

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9780788137549
Total Pages : 234 pages
Book Rating : 4.1/5 (375 download)

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Book Synopsis Privatization of Fannie Mae and Freddie Mac by : Harold L. Bunce

Download or read book Privatization of Fannie Mae and Freddie Mac written by Harold L. Bunce and published by DIANE Publishing. This book was released on 1997 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report demonstrates that a significant proportion of prospective homeowners remains underserved by the mortgage finance industry. The report reviews and evaluates the framework of housing goals that has been established by Fannie Mae and Freddie Mac. It finds that the housing goals represent a promising approach to focusing their resources on the mortgage credit needs of homebuyers. Such a programmatic emphasis by these enterprises represents an appropriate exchange for the benefits that they receive through their ties with the Federal government.

Housing and the Financial Crisis

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Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226030586
Total Pages : 0 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Housing and the Financial Crisis by : Edward L. Glaeser

Download or read book Housing and the Financial Crisis written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2013-08-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade of the twenty-first century and millions of foreclosed homeowners have made it clear that housing is no different from any other asset in its ability to climb and crash. Housing and the Financial Crisis looks at what happened to prices and construction both during and after the housing boom in different parts of the American housing market, accounting for why certain areas experienced less volatility than others. It then examines the causes of the boom and bust, including the availability of credit, the perceived risk reduction due to the securitization of mortgages, and the increase in lending from foreign sources. Finally, it examines a range of policies that might address some of the sources of recent instability.

Members of the Federal Home Loan Bank System

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Author :
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Members of the Federal Home Loan Bank System by : United States. Federal Home Loan Bank Board

Download or read book Members of the Federal Home Loan Bank System written by United States. Federal Home Loan Bank Board and published by . This book was released on 1984 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market

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Author :
Publisher : Government Printing Office
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market by : Deborah Lucas

Download or read book Fannie Mae, Freddie Mac, and the Federal Role in the Secondary Mortgage Market written by Deborah Lucas and published by Government Printing Office. This book was released on 2010 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

FDIC Quarterly

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis FDIC Quarterly by :

Download or read book FDIC Quarterly written by and published by . This book was released on 2009 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Role of Fannie Mae and Freddie Mac in the Financial Crisis

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Author :
Publisher :
ISBN 13 :
Total Pages : 356 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Role of Fannie Mae and Freddie Mac in the Financial Crisis by : United States. Congress. House. Committee on Oversight and Government Reform

Download or read book The Role of Fannie Mae and Freddie Mac in the Financial Crisis written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2009 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Mortgage Valuation Models

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Publisher : Oxford University Press, USA
ISBN 13 : 0199998167
Total Pages : 465 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis Mortgage Valuation Models by : Andrew S. Davidson

Download or read book Mortgage Valuation Models written by Andrew S. Davidson and published by Oxford University Press, USA. This book was released on 2014 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: Valuation of mortgage-backed securities requires blending empirical analysis of borrower behavior and mathematical modeling of interest rates and home prices, with recognition of various prices of risk and uncertainty. This book offers a detailed description of the sophisticated theories and advanced methods used for the real-world valuation of MBS.

Oversight of the Federal Home Loan Bank System

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Author :
Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Oversight of the Federal Home Loan Bank System by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions

Download or read book Oversight of the Federal Home Loan Bank System written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Financial Institutions and published by . This book was released on 2005 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Crisis, Corporate Governance, and Bank Capital

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Publisher : Cambridge University Press
ISBN 13 : 1316764346
Total Pages : 259 pages
Book Rating : 4.3/5 (167 download)

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Book Synopsis Financial Crisis, Corporate Governance, and Bank Capital by : Sanjai Bhagat

Download or read book Financial Crisis, Corporate Governance, and Bank Capital written by Sanjai Bhagat and published by Cambridge University Press. This book was released on 2017-03-10 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the 2007–8 crisis, senior policymakers and the media have blamed excessive risk-taking undertaken by bank executives, in response to their compensation incentives, for the crisis. The inevitable follow-up to this was to introduce stronger financial regulation, in the hope that better and more ethical behaviour can be induced. Despite the honourable intentions of regulation, such as the Dodd–Frank Act of 2010, it is clear that many big banks are still deemed too big to fail. This book argues that by restructuring executive incentive programmes to include only restricted stock and restricted stock options with very long vesting periods, and financing banks with considerably more equity, the potential of future financial crises can be minimized. It will be of great value to corporate executives, corporate board members, institutional investors and economic policymakers, as well as graduate and undergraduate students studying finance, economics and law.

Oversight of the Federal Home Loan Bank System

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Author :
Publisher :
ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Oversight of the Federal Home Loan Bank System by : United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations

Download or read book Oversight of the Federal Home Loan Bank System written by United States. Congress. House. Committee on Financial Services. Subcommittee on Oversight and Investigations and published by . This book was released on 2012 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Restoring Financial Stability

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Publisher : John Wiley & Sons
ISBN 13 : 0470499346
Total Pages : 416 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Restoring Financial Stability by : New York University Stern School of Business

Download or read book Restoring Financial Stability written by New York University Stern School of Business and published by John Wiley & Sons. This book was released on 2009-03-23 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economics, and accounting, these professors-led by Dean Thomas Cooley and Vice Dean Ingo Walter-shaped eighteen independent policy papers that proposed market-focused solutions to the problems within a common framework. In December, with great urgency, they sent hand-bound copies to Washington. Restoring Financial Stability is the culmination of their work. Proposes bold, yet principled approaches-including financial policy alternatives and specific courses of action-to deal with this unprecedented, systemic financial crisis Created by the contributions of various academics from New York University's Stern School of Business Provides important perspectives on both the causes of the global financial crisis as well as proposed solutions to ensure it doesn't happen again Contains detailed evaluations and analyses covering many spectrums of the marketplace Edited by Matthew Richardson and Viral Acharya, this reliable resource brings together the best thinking of finance and economics from the faculty of one of the top universities in world.

Review of the Federal Home Loan Bank System : hearing

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422323571
Total Pages : 130 pages
Book Rating : 4.3/5 (235 download)

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Book Synopsis Review of the Federal Home Loan Bank System : hearing by :

Download or read book Review of the Federal Home Loan Bank System : hearing written by and published by DIANE Publishing. This book was released on with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Federal Home Loan Bank System

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Author :
Publisher :
ISBN 13 :
Total Pages : 620 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis The Federal Home Loan Bank System by : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development

Download or read book The Federal Home Loan Bank System written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1993 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Home Loan Bank System

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Author :
Publisher : DIANE Publishing
ISBN 13 : 9780788116803
Total Pages : 128 pages
Book Rating : 4.1/5 (168 download)

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Book Synopsis Federal Home Loan Bank System by : DIANE Publishing Company

Download or read book Federal Home Loan Bank System written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1995-04 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Answers the following questions: Can the (FHLBS) pay its assessments for affordable housing & for helping finance the savings & loan cleanup while carrying out its mission? What are appropriate capital standards for the FHLBS? Should the terms of membership in the FHLBS be changed? What is, & what should be, the role of the FHLBS in affordable housing, & how would System Consolidation affect this? Should the FHLBS be permitted to offer new products & services? 19 charts & tables.

The Federal Home Loan Bank System Modernization Act of 1997, S. 1423

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Author :
Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Federal Home Loan Bank System Modernization Act of 1997, S. 1423 by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book The Federal Home Loan Bank System Modernization Act of 1997, S. 1423 written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: