Read Case And Answer Questions

  1. What are the similarities and differences of the problems encountered by the S&L industry and the more recent problems of the mortgage / housing industry?

 

  1. The US government has created several agencies – the FHA, FHLB, Fannie Mae, Freddie Mac, Ginnie Mae – to provide assistance to the housing market and essentially took over Fannie and Freddie in mid-2008 to assure that it could continue to operate. Why has this sector attracted so much attention and assistance?

 

  1. What policy actions and changes to the marketplace undermined a solid position of savings and loans in the 1970s? Could the effects of these changes have been anticipated and foreseen?