Nationalizing Mortgage Risk:: The Growth of Fannie Mae and Freddie Mac

by Peter Wallison

Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.

64 pages, Paperback

First published November 25, 2000

Reviews

[Seth · Rating 5 out of 5]

This short paper is as incredible as it is prescient. Written in 2000, a full 7-8 years before the housing market tanked and Fannie Mae and Freddie Mac were nationalized, Peter Wallison saw it coming and tried to warn us.