The former FDIC Chairwoman, and one of the first people to acknowledge the full risk of subprime loans, offers a unique perspective on the greatest crisis the U.S. has faced since the Great Depression.

Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.

"Fannie Mae and Freddie Mac were created by Congress to serve the American Dream of homeownership. By the end of the century, they had become extremely profitable and powerful companies, instrumental in putting millions of Americans in their homes. So why does the government now want them dead? In 2008, the U.S. Treasury put Fannie and Freddie into a life-support state known as 'conservatorship' to prevent their failure--and worldwide economic chaos....

The subprime mortgage crisis of 2007-2008 has already wreaked havoc on the lives of millions and threatens to derail the U.S. economy and economies around the world. Here, economist Robert Shiller reveals the origins of this crisis and puts forward bold measures to solve it. He calls for an aggressive response--a restructuring of the institutional foundations of the financial system that will not only allow people once again to buy and sell homes...

Explains the events of the previous seven years that planted the seeds for the worst economic crisis since the Great Depression beginning in 2001, when the Federal Reserve embarked on an unprecedented effort to help the economy recover from the attacks of 9/11 by sending interest rates to all time lows.

This surprising narrative goes back more than twenty years to reveal, in rich, anecdotal detail, how Wall Street, the mortgage industry, and the government conspired to change the way Americans bought their homes, creating a perfect storm. The authors take us inside elusive institutions such as Goldman Sachs, AIG, and Fannie Mae, to reveal who changed the game and why.

Investing in real estate requires planning. Tyson and Griswold provide proven, practical, and actionable advice to help you overcome the challenges of the market, take advantage of the opportunities in any real estate environment, and keep yourself one step ahead of the competition.

This book candidly explores options and alternatives available to you when you can't make your monthly mortgage payment but want to avoid foreclosure. The author explains the pre-foreclosure process, using real life examples of families faced with foreclosure, their choices, and the steps/missteps taken. The book provides an easy-to-understand explanation of delinquency, default, and foreclosure from a homeowner's perspective, including a state-by-state...