REFinBlog

Editor: David Reiss
Brooklyn Law School

February 16, 2018

Treasury’s Take on Housing Finance Reform

By David Reiss

The Department of the Treasury released its Strategic Plan for 2018-2022. One of its 17 Strategic Objectives is to promote housing finance reform: Support housing finance reform to resolve Government-Sponsored Enterprise (GSE) conservatorships and prevent taxpayer bailouts of public and … Continue reading

January 31, 2018

What Housing Finance Reform May Look Like

By David Reiss

  Senate Staff Discussion Draft #29 of the much discussed housing finance reform bill has just seen light of day. The purpose clause of the draft gives an overview of what the drafters are trying to accomplish: to offer a … Continue reading

January 29, 2018

Bringing Housing Finance Reform over the Finish Line

By David Reiss

The Milkin Institute have released Bringing Housing Finance Reform over the Finish Line. It opens, The housing finance reform debate has once again gained momentum with the goal of those involved to move forward with bipartisan legislation in 2018 that results … Continue reading

January 25, 2018

Credit Risk Transfer and Financial Crises

By David Reiss

Susan Wachter posted Credit Risk Transfer, Informed Markets, and Securitization to SSRN. It opens, Across countries and over time, credit expansions have led to episodes of real estate booms and busts. Ten years ago, the Global Financial Crisis (GFC), the … Continue reading

January 18, 2018

The FHFA’s Take on Housing Finance Reform

By David Reiss

Federal Housing Finance Agency Director Watt sent Federal Housing Finance Agency Perspectives on Housing Finance Reform to Senate Banking Chair Michael Crapo (R-ID) and Senator Sherrod Brown of Ohio, the top Democrat on that committee. There are no real surprises in … Continue reading

December 20, 2017

Are The Stars Aligning For Fannie And Freddie Reform?

By David Reiss

Law360 published my op ed, Are The Stars Aligning For Fannie And Freddie Reform? It reads, There has been a lot of talk of the closed-door discussions in the Senate about a reform plan for Fannie Mae and Freddie Mac, the two mammoth housing … Continue reading

November 29, 2017

Another FHFA Win Against Shareholders

By David Reiss

The U.S. Court of Appeals for the Sixth Circuit issued an opinion in Robinson v. FHFA et al. (No. 16-6680, Nov. 22, 2017) that is another win for the federal government in the fight with shareholders over Fannie and Freddie’s profits. … Continue reading