Editor: David Reiss
Brooklyn Law School

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

September 24, 2015

Mortgage Market, Hiding in Plain Sight

By David Reiss

I blogged about the Center for Responsible Lending’s take on the 2014 Home Mortgage Disclosure Act (HMDA) data yesterday.  The mere act of aggregating this data reveals so much about the state of the mortgage market. Today I am digging into … Continue reading

September 9, 2015

Better to Be a Banker or a Non-Banker?

By David Reiss

  The Community Home Lenders Association (CHLA) has prepared an interesting chart, Comparison of Consumer and Financial Regulation of Non-bank Mortgage Lenders vs. Banks.  The CHLA is a trade association that represents non-bank lenders, so the chart has to be read in … Continue reading

August 28, 2015

Underwriting Sustainable Homeownership

By David Reiss

I have posted Underwriting Sustainable Homeownership: The Federal Housing Administration and the Low Down Payment Loan to SSRN (and to BePress). It is forthcoming in the Georgia Law Review. The abstract reads, The United States Federal Housing Administration (“FHA”) has been … Continue reading

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