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LEADER: 02343cam a2200361 i 4500
001 2013033450
003 DLC
005 20141104082835.0
008 130910s2014 nyu b 001 0 eng
010 $a 2013033450
020 $a9780071821094 (hardback)
020 $a0071821090 (hardback)
040 $aDLC$beng$cDLC$erda$dDLC
042 $apcc
043 $an-us---
050 00 $aHG2040.5.U5$bH69 2014
082 00 $a332.7/20973$223
084 $aBUS000000$2bisacsh
100 1 $aHoward, Timothy$c(Business writer)
245 14 $aThe mortgage wars :$binside Fannie Mae, big-money politics, and the collapse of the American dream /$cTimothy Howard.
264 1 $aNew York :$bMcGraw-Hill,$c]2014].
300 $axvi, 288 pages ;$c23 cm
336 $atext$2rdacontent
337 $aunmediated$2rdamedia
338 $avolume$2rdacarrier
504 $aIncludes bibliographical references and index.
520 $a"The former Fannie Mae CFO's inside look at the war between the financial giants and government regulators A provocative true-life thriller about the all-out fight for dominance of the mortgage industry--and how it nearly destroyed the global financial systemMany books have been written about the 2008 financial crisis, but they miss the biggest story of the meltdown: the battle between giant financial companies to dominate the $11 trillion mortgage market that almost destroyed the global financial system. For more than twenty years, until 2004, Timothy Howard was a senior executive at the best known of those companies, Fannie Mae, and he was in the middle of that fight.In The Franchise, Howard explains how seemingly unrelated developments in banking regulation, housing policy, Wall Street financial innovation, and political lobbying all combined to wreak havoc on the American housing market and the world economy.Timothy Howard was Vice Chairman and Chief Financial Officer of Fannie Mae until 2004. Prior to this, he was senior financial economist at Wells Fargo Bank in San Francisco"--$cProvided by publisher.
650 0 $aMortgage loans$zUnited States.
650 0 $aSubprime mortgage loans$zUnited States.
610 20 $aFederal National Mortgage Association.
650 0 $aMortgage banks$zUnited States$xHistory.
650 0 $aHousing$zUnited States.
650 7 $aBUSINESS & ECONOMICS / General.$2bisacsh