04068cam a2200601 i 450000100090000000300080000900500170001700600190003400700030005300800410005601000170009702000300011402000280014403500240017204001080019604100080030404200140031204300120032605000260033808200150036410000280037924500840040726400480049130000310053933600260057033700280059633800270062450400570065150503110070852012720101961000430229161000590233461000230239361000690241665000350248565000440252065000440256465000550260865000630266365000820272665000440280865000410285265000370289365000480293065000390297865000460301765000460306365000550310965100450316465500390320971000560324877601620330418597819BJBSDDR20230411090828.0a|||||r|||| 00| 0 ta150430s2015    nyub     b    000 0 eng d  a  2015940135  a9780990976301 (paperback)  a0990976300  (paperback)  a(OCoLC)ocn898533197  aBTCTAbengcBTCTAerdadBDXdIEBdOCLCOdIEBdGK5dYDXCPdCLEdUOKdOCLCFdVYFdFM0dCPLdON8dZCUdDLC  aeng  alccopycat  an-us---14aHG 2040.5bM478s 201500a332.7209731 aMcLean, Bethany,d1970-10aShaky ground :bthe strange saga of the U.S. mortgage giants /cBethany McLean. 1aNew York :bColumbia Global Reports,c2015.  a159 pages :bmap ;c20 cm.  atextbtxt2rdacontent  aunmediatedbn2rdamedia  avolumebnc2rdacarrier  aIncludes bibliographical references (pages 150-159).0 aSubprime -- The bazooka -- The blame game -- Housing industrial complex -- The roaring nineties -- "We were at war" -- The $9 billion accounting fraud -- The toxic twins -- Doing nothing -- Mr. Hedge Fund goes to Washington -- Defending the common man -- No end in sight -- Fixing the roof -- Shaky ground.  a"Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership. By the end of the century, they had become extremely profitable and powerful companies, instrumental in putting millions of Americans in their homes. So why does the government now want them dead? In 2008, the U.S. Treasury put Fannie and Freddie into a life-support state known as 'conservatorship' to prevent their failure--and worldwide economic chaos. The two companies, which were always controversial, have become a battleground. Today, Fannie and Freddie are profitable again but still in conservatorship. Their profits are being redirected toward reducing the federal deficit, which leaves them with no buffer should they suffer losses again. China and Japan are big owners of Fannie and Freddie securities, and they want to ensure the safety of their investments--which helps explain why the government is at an impasse about what to do. But the current state of limbo is unsustainable. Based on comprehensive reporting and dozens of interviews, Shaky Ground chronicles the story of Fannie and Freddie seven years after the meltdown, and tells us why homeownership finance is now one of the biggest unsolved issues in today's global economy"--Page 4 of cover.20aFederal National Mortgage Association.24aAsociación Federal Nacional Hipotecaria (Fannie Mae)20aFreddie Mac (Firm)27aFederal National Mortgage Association.2fast0(OCoLC)fst00510319 0aMortgage loanszUnited States. 4aPrestamos hipotecarios zEstados Unidos 0aSubprime mortgage loanszUnited States. 4aPréstamos hipotecarios subprime zEstados Unidos 0aSubprime mortgage loansxGovernment policyzUnited States. 4aPréstamos hipotecarios subprime xPolítica gubernamental zEstados Unidos 0aMortgage bankszUnited StatesxHistory. 4aBancos hipotecarios zEstados Unidos 0aHousingzUnited StatesxFinance. 4aFinanciación de vivienda zEstados Unidos 7aHousing.2fast0(OCoLC)fst00962245 7aMortgage banks.2fast0(OCoLC)fst01026553 7aMortgage loans.2fast0(OCoLC)fst01026596 7aSubprime mortgage loans.2fast0(OCoLC)fst01745731 7aUnited States.2fast0(OCoLC)fst01204155 7aHistory.2fast0(OCoLC)fst014116282 aFederal National Mortgage Association (Fannie Mae) 08iOnline version:aMcLean, Bethany.tShaky ground : the strange saga of the U.S. mortgage giants.dNew York : Columbia Global Reports, [2015]w(OCoLC)914191653