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  2. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    The FHLB provides loans to banks that are in turn backed by mortgages. Although they are one step removed from direct mortgage lending, some of the broader policy issues are similar between the FHLB and the other GSEs. According to Bloomberg, the FHLB is the largest U.S. borrower after the federal government. [157]

  3. Regulatory responses to the subprime crisis - Wikipedia

    en.wikipedia.org/wiki/Regulatory_responses_to...

    Provides loans for the refinancing of mortgages to owner-occupants at risk of foreclosure. The original lender or investor reduces the amount of the original mortgage (typically taking a significant loss) and the homeowner shares any future appreciation with the Federal Housing Administration. The new loans must be 30-year fixed loans.

  4. Government intervention during the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_intervention...

    The government assumed control of the bank's £50 billion mortgage and loan portfolio, while its deposit and branch network were sold to Spain's Banco Santander. [17] In October 2008, the Australian government made A$4 billion available to nonbank lenders unable to issue new loans.

  5. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.

  6. Fannie Mae & Freddie Mac To Increase Government-Backed ... - AOL

    www.aol.com/finance/fannie-mae-freddie-mac...

    In a move designed to make home ownership accessible to a greater number of Americans, mortgage companies Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record ...

  7. Financial Institutions Reform, Recovery, and Enforcement Act ...

    en.wikipedia.org/wiki/Financial_Institutions...

    The Act, which gives the government broad authority to bring civil claims and has less stringent requirements to establish liability than commercial fraud statutes, was used after the subprime mortgage crisis to attempt to establish the liability of banks that allegedly misrepresented the quality of loans to the Federal Housing Administration ...

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