REFinBlog

Editor: David Reiss
Brooklyn Law School

July 7, 2017

Holding Servicers Accountable

By David Reiss

I submitted my comment to the Consumer Financial Protection Bureau regarding the 2013 RESPA Servicing Rule Assessment. It reads, substantively, as follows: The Consumer Financial Protection Bureau issued a Request for Information Regarding 2013 Real Estate Settlement Procedures Act Servicing Rule … Continue reading

July 6, 2017

The CFPB Makes Its Case

By David Reiss

The Consumer Financial Protection Bureau released its Semi-Annual Report. Given that the Bureau is under attack by Republicans in Congress and in the Trump Administration, one can read this as a defense (a strong defense, I might editorialize) for the … Continue reading

July 3, 2017

Easy Money From Fannie Mae

By David Reiss

The San Francisco Chronicle quoted me in Fannie Mae Making It Easier to Spend Half Your Income on Debt. It reads in part, Fannie Mae is making it easier for some borrowers to spend up to half of their monthly pretax … Continue reading

June 30, 2017

The Financial Meltdown and Consumer Protection

By David Reiss

Larry Kirsch and Gregory D. Squires have published Meltdown: The Financial Crisis, Consumer Protection, and the Road Forward. According to the promotional material, Meltdown reveals how the Consumer Financial Protection Bureau was able to curb important unsafe and unfair practices that … Continue reading

June 26, 2017

FHFA’s Asks from Congress

By David Reiss

The Federal Housing Finance Agency released its 2016 report to Congress. Of particular note are its legislative recommendations. The first is one that I and every other housing policy analyst has been saying for years. The second two are very … Continue reading

June 20, 2017

Increasing Price Competition for Title Insurers

By David Reiss

The New York State Department of Financial Services issued proposed rules for title insurance last month and requested comments. I submitted the following: I write and teach about real estate and am the Academic Director of the Center for Urban … Continue reading

June 19, 2017

Treasury’s Trojan Horse for The CFPB

By David Reiss

The Hill posted my latest column, Americans Are Better off with Consumer Protection in Place. It opens, This month, the Treasury Department issued a report to President Trump in response to his executive order on regulation of the U.S. financial system. … Continue reading