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Financial Crises and Previous Lax Interest of Theorists
[Finanční krize a předchozí laxní zájem teoretiků]

Author

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  • Petr Marek

Abstract

The article disputes against analysis of R. W. Bostic and K. O. Lee concentrated on federal homeownership strategy for building among low- and moderate-income families in the U.S.A. Authors find out emergency which is coming from new and more sophisticated mortgages However, in conclusion, they built on support from Fannie Mae and Freddie Mac. Both these institutions were put under the conservatorship on September, 2008.

Suggested Citation

  • Petr Marek, 2008. "Financial Crises and Previous Lax Interest of Theorists [Finanční krize a předchozí laxní zájem teoretiků]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2008(4), pages 104-107.
    • Handle: RePEc:prg:jnlcfu:v:2008:y:2008:i:4:id:296:p:104-107
    DOI: 10.18267/j.cfuc.296
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    More about this item

    Keywords

    Financial Crises; Mortgages; Households; Low- and Moderate-Income Families; Finanční krize; Hypotéky; Domácnosti; Nízko a středně příjmová skupina obyvatelstva;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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