- Media Type
- Document
- Media Date
- March 2015
- Additional Information
- Staff Report including the following:- Describes and evaluates the measures taken by the U.S. government to rescue Fannie Mae and Freddie Mac in September 2008.
- Outlines the business model of these two firms and their role in the U.S. housing finance system.
- The sources of financial distress that the firms experienced and the events that ultimately led the government to take action.
- Describes the various resolution options available to policymakers.
- Evaluates the success of the choice of conservatorship and other actions taken. - Crisis
- Global Financial Crisis (2007-2009)
- Intervention
- Capital Injection -Specific Firms Emergency Liquidity-Specific Firm Non-bank Restructuring
- Content Type
- Report
- Publisher(s)
- Federal Reserve System: Federal Reserve Bank of New York
- Author(s)/Creator(s)
- W. Scott Frame Andreas Fuster Joseph Tracy James Vickery
- Source
- Staff Report No. 719
- Language(s)
- English
- Type(s)
- Intervention
- Case Series
- The Rescue of Fannie Mae and Freddie Mac
- Country(ies) or Region(s)
- United States
