REFinBlog

Editor: David Reiss
Brooklyn Law School

February 8, 2016

GSE Reform, by Stealth?

By David Reiss

The Urban Institute’s Housing Finance Policy Center has issued its January 2016 Housing Finance at a Glance Chartbook. It opens by noting, The FHFA recently released its 2016 Scorecard for Fannie Mae and Freddie Mac with updated guidance for credit risk transfer … Continue reading

January 5, 2016

The Duty to Serve Underserved Markets

By David Reiss

The Federal Housing Finance Agency has issued a Notice of Proposed Rulemaking and Request for Comments regarding Enterprise Duty to Serve Underserved Markets.  The “Enterprises” are Fannie and Freddie and this duty to serve is a highly contested one, with … Continue reading

December 23, 2015

Fannie/Freddie 2016 Scorecard

By David Reiss

The Federal Housing Finance Agency has posted the 2016 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. The FHFA assesses the three entities using the following criteria, among others: The extent to which each Enterprise conducts initiatives in a safe and … Continue reading

November 13, 2015

Fannie, Freddie & The Affordable Housing Feint

By David Reiss

          Robert J. Shapiro and Elaine C. Kamarck have posted A Strategy to Promote Affordable Housing for All Americans By Recapitalizing Fannie Mae and Freddie Mac. While it presents as a plan to fund affordable housing, … Continue reading

November 6, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

HUD’s Office of Policy Development & Research released its most recent issue of Cityscape, featuring research from a symposium about affordable housing and neighborhood qualities. The HOME Coalition released “Building HOME: The HOME Investment Partnerships Program’s Impact on America’s Families … Continue reading

November 2, 2015

Obama Administration on Frannie

By David Reiss

Michael Stegman, a White House Senior Policy Advisor, offered up the Obama Administration’s “perspective on critical housing issues” recently. (1) I found the remarks on the future of Fannie and Freddie to be of particular interest: Before discussing what we … Continue reading

October 29, 2015

Frannie v. Private-Label Smackdown

By David Reiss

S&P posted a report, Historical Data Show That Agency Mortgage Loans Are Likely to Perform Significantly Better Than Comparable Non-Agency Loans. The overview notes, We examined the default frequencies of both agency and non-­agency mortgage loans originated from 1999­-2008. As … Continue reading