Homeownership In America: New Book “Reckless Endangerment” Exposes How Fannie Mae “Pursued Profits For Itself” In The Name Of “Expanding Home Ownership” (Video)

6 07 2011

As part of his Making Sen$e series, Paul Solman reports on the new book, “Reckless Endangerment,” which argues that for the past 20 years, Fannie Mae, a government-sponsored enterprise that increases money for homeownership, pursued profits for itself and bought risky loans that inflated a housing bubble that eventually burst.