Fannie Mae and the Housing Crisis: Two Links

In connection with the previous post, the New York Review of Books published an interesting review of Reckless Endangerment by Gretchen Morgenson and Joshua Rosner. The book puts much of the blame for the financial crisis on Fannie Mae. Among other criticisms, the review, by Jeff Madrick and Frank Partnoy addresses the data used by Wallison and Pinto, on which the authors of Reckless Endangerment apparently relied.

My review of Reckless Endangerment can be found here.