July 16, 2014

Good Data for the FHFA

By David Reiss

The Federal Housing Finance Agency released a White Paper on the FHFA Mortgage Analytics Platform.  By way of background, the White Paper states that The Federal Housing Finance Agency (FHFA) maintains a proprietary Mortgage Analytics Platform to support the Agency’s … Continue reading

July 14, 2014

Reiss on Mortgage Insurance Proposal

By David Reiss

Law360 quoted me in FHFA Capital Rules Will Squeeze Older Mortgage Insurers (behind a paywall). It opens, The Federal Housing Finance Agency on Thursday released proposals that would impose higher capital requirements on private mortgage insurers doing business with Fannie Mae and Freddie Mac, but experts … Continue reading

July 7, 2014

Servicer Safety & Soundness and Consumer Protection

By David Reiss

The FHFA’s Inspector General issued an audit, FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages. The audit identified two major risks in the current environment: Using short-term financing to buy servicing rights for troubled mortgage … Continue reading

July 1, 2014

Reiss in CSM on Rental Policy

By David Reiss

The Christian Science Monitor quoted me in Census Outlines ‘Poverty Areas’: Which States Hit Hardest? It reads in part, The number of US residents living in “poverty areas” has jumped significantly since 2000, according to a Census Bureau report released … Continue reading

June 26, 2014

State of the Nation’s Housing Finance

By David Reiss

The Joint Center for Housing Studies of Harvard University has released the 2014 edition of The State of the Nation’s Housing. As to the nation’s housing finance system, the report finds that The government still had an outsized footprint in … Continue reading

June 19, 2014

Investors Unite for High GSE-Fees

By David Reiss

Investors Unite, a “coalition of private investors . . . committed to the preservation of shareholder rights for those invested in” Fannie Mae and Freddie Mac sent a letter to FHFA Director Watt pushing for higher guarantee fees (g-fees). The … Continue reading

June 9, 2014

G-Fee Entreaty

By David Reiss

The FHFA has issued a Request for Input about Fannie Mae and Freddie Mac Guarantee Fees. The Request both provides a good explanation of g-fees and poses important questions about their appropriate role in the functioning of the housing finance … Continue reading