April 27, 2017
Community Bankers and GSE Reform
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 27, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 26, 2017
Comparison Shopping Savings in Mortgage Market
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 26, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 25, 2017
Budding GSE Reform
The Mortgage Bankers Association has released a paper on GSE Reform: Creating a Sustainable, More Vibrant Secondary Mortgage MarketĀ (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 25, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 19, 2017
How Tight Is The Credit Box?
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 19, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 17, 2017
This Is What GSE Reform Looks Like
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 17, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 13, 2017
Fannie + Freddie = Frannie
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 13, 2017 in Federal Housing Finance Agency | Permalink | No Comments
April 6, 2017
Is There a Bipartisan Fix for Fannie and Freddie?
The Hill published my latest column,Ā 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
April 6, 2017 in Federal Housing Finance Agency | Permalink | No Comments