Frame, W. Scott; Fuster, Andreas; Tracy, Joseph; … - In: Journal of Economic Perspectives 29 (2015) 2, pp. 25-52
The imposition of federal conservatorships on September 6, 2008, at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation—commonly known as Fannie Mae and Freddie Mac—was one of the most dramatic events of the financial crisis. These two...