White, Lawrence J., Housing, Housing Policy, and Housing Finance: Time for a Re-Assessment (March 24, 2016). Available for download at SSRN: http://ssrn.com/abstract=2754311
“The shapers of the American mortgage finance system hoped to achieve the security of government ownership, the integrity of local banking and the ingenuity of Wall Street. Instead they got the ingenuity of government, the security of local banking and the integrity of Wall Street” (David Frum, National Post, July 11, 2008) “When it comes to housing subsidies, too much is never enough.” (anon.)