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1) The great American housing bubble: what went wrong and how we can protect ourselves in the future
Author
Publisher
Harvard University Press
Pub. Date
2020.
Language
English
Description
"The American housing bubble of the 2000s caused the worst global financial crisis since the Great Depression. In this definitive account, Adam Levitin and Susan Wachter pinpoint its source: the shift in mortgage financing from securitization by Fannie Mae and Freddie Mac to "private-label securitization" by Wall Street banks. This change set off a race to the bottom in mortgage underwriting standards, as banks competed in laxity to gain market share....
3) The mortgage wars: inside Fannie Mmae, big-money politics, and the collapse of the American dream
Author
Publisher
McGraw-Hill
Pub. Date
2013.
Language
English
Description
"The former Fannie Mae CFO's inside look at the war between the financial giants and government regulators A provocative true-life thriller about the all-out fight for dominance of the mortgage industry--and how it nearly destroyed the global financial systemMany books have been written about the 2008 financial crisis, but they miss the biggest story of the meltdown: the battle between giant financial companies to dominate the $11 trillion mortgage...
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