Editor: David Reiss
Brooklyn Law School

November 21, 2016

The Trump Effect on Mortgage Rates

By David Reiss

The Christian Science Monitor quoted me in What Does President Trump Really Mean for Mortgage Rates? It opens, In the week following the election, mortgage rates soared nearly half a percentage point. Average weekly 30-year fixed home loan rates are back above … Continue reading

November 18, 2016

Low Down Payment Mortgages, Going Forward

By David Reiss quoted me in Home Loan Down Payments Are in Decline: Will Uncle Sam Ride to the Rescue? It opens, President-elect Donald Trump has enough problems on his hands as his administration takes shape, with the economy, health care, geopolitical strife and … Continue reading

November 9, 2016

Housing Finance Reform, Going Forward

By David Reiss

Two high-level officials in the Treasury Department recently posted Housing Finance Reform: Access and Affordability Going Forward. It highlighted principles that should guide housing finance reform going forward. It opened, Access to affordable housing serves as a cornerstone of economic security for … Continue reading

June 2, 2016

Ensuring Sustainable Homeownership

By David Reiss

My short article, Ensuring That Homeownership Is Sustainable, was just published in the Westlaw Journal, Bank & Lender Liability. It opens, The Federal Housing Administration has suffered as a result of many of the same unrealistic underwriting assumptions that led to problems … Continue reading

November 16, 2015

FHA’s Clean Bill of Health

By David Reiss

The Federal Housing Administration released its Annual Report to Congress on the Financial Status of the FHA Mutual Mortgage Insurance Fund. The MMIF covers the lion’s share of the FHA’s mortgage insurance obligations. In his forward to the report, HUD … Continue reading

October 20, 2015

Tuesday’s Regulatory & Legislative Update

By Serenna McCloud

The Consumer Financial Protection Bureau (CFPB) has finalized a Rule to expand reporting requirements imposed upon financial institutions under the Home Mortgage Disclosure Act (HMDA). Dodd-Frank included a mandate directing the CFPB to collect metrics to allow, among other things, a better … Continue reading

September 25, 2015

CFPB Mortgage Market Rules

By David Reiss

Law360 quoted me in Questions Remain Over CFPB Mortgage Rules’ Market Effects (behind a paywall). The story highlights the fact that the jury is still out on exactly what a mature, post-Dodd-Frank mortgage market will look like. As I blogged yesterday, … Continue reading