全球智库信息集成服务系统(G2TT): The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w17685
来源ID	Working Paper 17685
	The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market
	Dwight Jaffee; John M. Quigley
发表日期	2011-12-22
出版年	2011
语种	英语
摘要	This paper analyzes options for reforming the U.S. housing finance system in view of the failure of Fannie Mae and Freddie Mac as government sponsored enterprises (GSEs). The options considered include GSE reform, a range of possible new governmental mortgage guarantee plans, and greater reliance on private mortgage markets. The analysis also considers the likely consequences of adopting alternative roles for government in the U.S. housing and mortgage markets. We start by reviewing the history of the GSEs and their contributions to the operation of U.S. housing and mortgage markets, including the actions that led to their failure in conjunction with the recent mortgage market crisis. The reform options we consider include those proposed in a 2011 U.S. Treasury White Paper, plans for new government mortgage guarantees from various researchers and organizations, and the evidence from Western European countries for the efficacy of private mortgages markets.
主题	Financial Economics ; Financial Institutions ; Public Economics ; Regional and Urban Economics ; Real Estate
URL	https://www.nber.org/papers/w17685
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/575360
推荐引用方式 GB/T 7714	Dwight Jaffee,John M. Quigley. The Future of the Government Sponsored Enterprises: The Role for Government in the U.S. Mortgage Market. 2011.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w17685.pdf（1075KB）	智库出版物		限制开放	CC BY-NC-SA	浏览