Tag Archives: Fannie Mae

The Community Reinvestment Act of 1977 lives on

Posted on January 24, 2016 by ArchitectGuy

FRONT PAGE MAG Obamanomics in Catastrophic Action by John Perazzo January 22, 2016 Remember a few years ago, when the American housing market collapsed as a direct result of government policies that—in the name of racial justice—pressured banks to approve … Continue reading →

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The Big Short leaves out role of Fannie Mae and others

Posted on December 13, 2015 by ArchitectGuy

WALL STREET JOURNAL What the ‘Big Short’ Movie Gets Right—and Wrong—About the Financial Crisis by Greg Ip December 11, 2015 …Viewers get an entertaining lesson in the financial engineering behind the mortgage bubble, such as how mortgage-backed securities are constructed … Continue reading →

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