Speakers Bureau

Freddie Mac, Fannie Mae: Dangers of Using Derivatives in the Secondary Mortgage Markets

Fannie Mae and Freddie Mac are quasi governmental institutions that were designed to serve the mortgage markets in order to improving housing affordability in the US.   Over the past decade the indiscriminate use of financial derivatives greatly contributed to the downfall of these governmental units and the financial markets.  This presentation explores what lessons should have been learned from the earlier S&L crisis and what needs to be done to prevent further problems with derivatives and financial institutions.