This paper traces the effects which federal policy has had on home mortgage
finance in the United States. In the past, the phases of intervention have been described
as 1) the New Deal responses to the Great Depression, 2) the creation of the Government-
Sponsored Enterprises and promotion of the secondary market, and 3) the deregulation of
the banking industry. This paper uses the historical backdrop to examine the current era
of intervention, including the Making Home Affordable initiative. The paper concludes
with policy recommendations that tie past experience with current problems and explores
shared equity homeownership as a sustainable model for the future. / text
| Identifer | oai:union.ndltd.org:UTEXAS/oai:repositories.lib.utexas.edu:2152/22212 |
| Date | 14 November 2013 |
| Creators | Greenspan, Tamar |
| Source Sets | University of Texas |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | electronic |
| Rights | Copyright is held by the author. Presentation of this material on the Libraries' web site by University Libraries, The University of Texas at Austin was made possible under a limited license grant from the author who has retained all copyrights in the works. |
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