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 .
Full text not available from this repository.Abstract
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.
| Item Type: | Article |
|---|---|
| Funders: | UNSPECIFIED |
| Uncontrolled Keywords: | Subprime Mortgage; Reforms; US Market |
| Subjects: | H Social Sciences > HF Commerce |
| Divisions: | Faculty of Business and Economics |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 24 Mar 2015 01:33 |
| Last Modified: | 24 Mar 2015 01:33 |
| URI: | http://eprints.um.edu.my/id/eprint/13103 |
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