Subprime Mortgage Crisis
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Subprime Mortgage Crisis

        

Subprime Mortgage Crisis

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A podcast which traces the subprime mortgage crisis to a policy decision by the managers of Fannie Mae (Federal National Mortgage Association) in the 1990's.  Fannie Mae insisted that lenders prove that they were not "red-lining" by fulfilling quotas of minority borrowers.  To meet these quotas lenders had to reduce the standards for their lending.  Fannie Mae enabled lenders to issue such subprime mortages by purchasing them or providing default insurance for them.  Ten years of this policy... More
Material Type: Presentation
Technical Format: Podcast
Date Added to MERLOT: June 18, 2009
Date Modified in MERLOT: June 18, 2009
Authors:
Submitter: Thayer Watkins
Keywords: Freddie Mac, economic policy, financial crisis, Fannie Mae, mortgage crisis

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
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    Very good quality; in queue to be peer reviewed
    avg: 5 rating
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About

Primary Audience: High School, College General Ed, College Lower Division, College Upper Division, Graduate School, Professional
Mobile Compatibility: Not specified at this time
Technical Requirements:
Language: English
Cost Involved: no
Source Code Available: unsure
Accessiblity Information Available: unsure
Creative Commons: unsure
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