| Journal Call no. | AP8.W56 |
|---|---|
| Author | Holcombe, Cathy. |
| Article Title | Reduced exposure / Cathy Holcombe. |
| Is Part Of | Window ; v.5, no.11, 22 Mar 1996, p.58, illus. |
| Abstract | Hong Kong's proposed mortgage corporation would free local banks from excessive exposure to the property market by buying up mortgages and repackaging them as government-backed bonds. Would it thus expose the government, and ultimately the taxpayer, to the property market? A look at the Federal National Mortgage Association, known as Fannie Mae, shows that is highly unlikely. |