House of Cards: Reforming America's Housing Finance System by Dwight M. Jaffee, Michael Lea, Lawrence J. White, Satya Thallam, Anthony B. Sanders, Arnold S. Kling, Peter J. Wallison, Edward L. Glaeser

House of Cards: Reforming America's Housing Finance System

Dwight M. Jaffee, Michael Lea, Lawrence J. White, Satya Thallam, Anthony B. Sanders, Arnold S. Kling, Peter J. Wallison, Edward L. Glaeser

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Fannie Mae and Freddie Mac—privately managed, profit-seeking government-sponsored enterprises (GSEs)—played a crucial role in inflating America’s housing bubble. Now that the bubble has burst and the GSEs’ mistakes have resulted in huge taxpayer l...

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