REFinBlog

Editor: David Reiss
Brooklyn Law School

April 27, 2017

Community Bankers and GSE Reform

By David Reiss

The Independent Community Bankers of America have release ICBA Principles for GSE Reform and a Way Forward. Although this paper is not as well thought-out as that of the Mortgage Bankers Association, it is worth a look in order to … Continue reading

April 26, 2017

Comparison Shopping Savings in Mortgage Market

By David Reiss

Alexei Alexandrov and Sergei Koulayev of the Consumer Financial Protection Bureau have posted a working paper, No Shopping in the U.S. Mortgage Market: Direct and Strategic Effects of Providing Information to SSRN. The paper is the first to answer the … Continue reading

April 25, 2017

Budding GSE Reform

By David Reiss

The Mortgage Bankers Association has released a paper on GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage Market (link to paper on this page). This paper builds on a shorter version that the MBA released a few months ago. Jim … Continue reading

April 19, 2017

How Tight Is The Credit Box?

By David Reiss

Laurie Goodman of the Urban Institute’s Housing Finance Policy Center has posted a working paper, Quantifying the Tightness of Mortgage Credit and Assessing Policy Actions. The paper opens, Mortgage credit has become very tight in the aftermath of the financial … Continue reading

April 17, 2017

This Is What GSE Reform Looks Like

By David Reiss

The Federal Housing Finance Agency’s Division of Conservatorship release an Update on Implementation of the Single Security and the Common Securitization Platform. As I had discussed last week, housing finance reform is proceeding apace from within the FHFA notwithstanding assertions … Continue reading

April 13, 2017

Fannie + Freddie = Frannie

By David Reiss

The Federal Housing Finance Agency released its 2016 Scorecard Progress Report. It contains some interesting information about the FHFA’s ongoing efforts to reshape Fannie and Freddie notwithstanding the inaction of Congress. These efforts are not broadcast very clearly, but they … Continue reading

April 6, 2017

Is There a Bipartisan Fix for Fannie and Freddie?

By David Reiss

The Hill published my latest column, Congress May Have Finally Found a Bipartisan Fix to Fannie and Freddie. It reads, It is welcome news to hear that Sens. Bob Corker (R-Tenn.) and Mark Warner (D-Va.) are looking to craft a bipartisan … Continue reading