Editor: David Reiss
Brooklyn Law School

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June 22, 2015

New FHA Guidelines No Biggie

By David Reiss

Law360 quoted me in New Guidelines For Bad FHA Loans Won’t Boost Lending (behind paywall). It opens, The federal government on Thursday provided lenders with a streamlined framework for how it determines whether the Federal Housing Administration must be paid … Continue reading

May 18, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

The Financial Industry Regulatory Authority (FINRA) has ordered Goldman Sachs to pay National Australia Bank $100 million over $80 million in collateralized debt obligations. US Bank escapes liability under the False Claims Acts for filing FHA insurance claims without complying … Continue reading

April 20, 2015

Reiss on Low Interest Rates & Down Payments

By David Reiss

MainStreet quoted me in How to Get the Lowest Mortgage Rates Without a Large Down Payment. It reads in part, Low mortgage rates can play a large factor whether homeowners are able to save tens of thousands of dollars in interest. Even a … Continue reading

April 15, 2015

Reiss on FHA Mortgages for First Timers

By David Reiss

MainStreet quoted me in FHA Loans Can Be A Good Option for First-Time Homebuyers. It opens, FHA loans can be an attractive option for consumers purchasing their first home, because they require much smaller down payments. First-time homebuyers often consider these Federal Housing Administration … Continue reading

April 13, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading

April 10, 2015

The Future of Fannie and Freddie: The Definitive Panel!

By David Reiss

The  NYU Journal of Law & Business has published The Future of Fannie and Freddie (also on SSRN): This is a transcript of a panel discussion titled, “The Future of Fannie and Freddie.” The panelists were Dr. Mark Calabria from the Cato … Continue reading

March 27, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

CFPB releases report of KPMG audit of its operations and budget. In the report, CFPB agrees with KPMG’s findings about control deficiencies and is aiming to fix such deficiencies. FHFA releases report on progress of Fannie/Freddie Conservatorships in advancing access … Continue reading