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Paperback Shaky Ground: The Strange Saga of the U.S. Mortgage Giants Book

ISBN: 0990976300

ISBN13: 9780990976301

Shaky Ground: The Strange Saga of the U.S. Mortgage Giants

(Part of the Columbia Global Reports Series)

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Format: Paperback

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Book Overview

Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership. By the end of the century, they had become extremely profitable and powerful companies, instrumental in putting millions of Americans in their homes.

So why does the government now want them dead?

In 2008, the U.S. Treasury put Fannie and Freddie into a life-support state known as "conservatorship" to...

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