The Subprime Mortgage Reforms: The Case of US Market
The downfall of the mortgage industry in US has seen fingers being pointed to the government sponsored entities (Fannie Mae and Freddie Mac), while the roots cause of the formation of these entities were never closely followed. Originally the creation of the GSE was to create liquidity in the mortga...
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Macrothink Institute
2009
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author | Gurcharan, S. Wong, E.S.K. Folk, J.Y. |
author_facet | Gurcharan, S. Wong, E.S.K. Folk, J.Y. |
author_sort | Gurcharan, S. |
collection | UM |
description | The downfall of the mortgage industry in US has seen fingers being pointed to the government sponsored entities (Fannie Mae and Freddie Mac), while the roots cause of the formation of these entities were never closely followed. Originally the creation of the GSE was to create liquidity in the mortgage industry as part of public policy in providing housing for the middle and lower income group. Over time, resulting from a weak regulated environment saw the GSE suffering and now this left questioning the effectiveness of the initial policy. |
first_indexed | 2024-03-06T05:32:56Z |
format | Article |
id | um.eprints-13103 |
institution | Universiti Malaya |
last_indexed | 2024-03-06T05:32:56Z |
publishDate | 2009 |
publisher | Macrothink Institute |
record_format | dspace |
spelling | um.eprints-131032015-03-24T01:33:39Z http://eprints.um.edu.my/13103/ The Subprime Mortgage Reforms: The Case of US Market Gurcharan, S. Wong, E.S.K. Folk, J.Y. HF Commerce The downfall of the mortgage industry in US has seen fingers being pointed to the government sponsored entities (Fannie Mae and Freddie Mac), while the roots cause of the formation of these entities were never closely followed. Originally the creation of the GSE was to create liquidity in the mortgage industry as part of public policy in providing housing for the middle and lower income group. Over time, resulting from a weak regulated environment saw the GSE suffering and now this left questioning the effectiveness of the initial policy. Macrothink Institute 2009 Article PeerReviewed Gurcharan, S. and Wong, E.S.K. and Folk, J.Y. (2009) The Subprime Mortgage Reforms: The Case of US Market. Research in Applied Economics, 1 (1). pp. 1-9. ISSN 1948-5433, DOI https://doi.org/10.5296/rae.v1i1.300 <https://doi.org/10.5296/rae.v1i1.300 >. http://www.macrothink.org/journal/index.php/rae/article/view/300 http://dx.doi.org/10.5296/rae.v1i1.300 |
spellingShingle | HF Commerce Gurcharan, S. Wong, E.S.K. Folk, J.Y. The Subprime Mortgage Reforms: The Case of US Market |
title | The Subprime Mortgage Reforms: The Case of US Market |
title_full | The Subprime Mortgage Reforms: The Case of US Market |
title_fullStr | The Subprime Mortgage Reforms: The Case of US Market |
title_full_unstemmed | The Subprime Mortgage Reforms: The Case of US Market |
title_short | The Subprime Mortgage Reforms: The Case of US Market |
title_sort | subprime mortgage reforms the case of us market |
topic | HF Commerce |
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