Monthly Archives: March 2015
Thursday’s Advocacy & Think Tank Round-up
March 26, 2015
by Serenna McCloud
Brookings Institution Spring 2015 Brookings Panel on Economic Activity Research Paper: Risk Management for Monetary Policy Near the Zero Lower Bound Concludes that It Is Better if Interest Rates Stay Low Rather than be Raised Too Soon. Center on Budget … Continue reading
Read MoreFrannie Conservatorships: What A Long, Strange Trip It’s Been
March 25, 2015
by David Reiss
The Federal Housing Finance Agency Office of Inspector General has posted a White Paper, FHFA’s Conservatorships of Fannie Mae and Freddie Mac: A Long and Complicated Journey. This White Paper on conservatorships updates a first one that OIG published in … Continue reading
Read MoreWednesday’s Academic Roundup
by Shea Cunningham
Regional Redistribution Through the U.S. Mortgage Market, by Erik Hurst, Benjamin J. Keys, Amit Seru and Joseph Vavra, NBER Working Paper No. w21007. Will the Bubble Burst Be Revisited, by P.D. Aditya, March 8, 2015. Data & Civil Rights: Housing … Continue reading
Read MoreTransferring Risk from Fannie & Freddie
March 24, 2015
by David Reiss
The Federal Housing Finance Agency has posted its FHFA Progress Report on the Implementation of FHFA’s Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac. As its name suggests, it provides a progress report on a range of … Continue reading
Read MoreTuesday’s Regulatory & Legislative Round Up
by Serenna McCloud
Representative Delany (D-MD) and Others Recently Re-Intoroduced The Partnership to Strengthen Homeownership Act, originally introduced in July 2014, The Act Promises to Reform Housing Finance, Strengthen Affordable Housing and Reduce Taxpayer Risk Senator Charles Schumer and Others recently Sent a Letter Urging Congress … Continue reading
Read MoreAnother Fannie/Freddie Bailout?
March 23, 2015
by David Reiss
The Federal Housing Finance Agency Office of the Inspector General has issued a White Paper Report, The Continued Profitability of Fannie Mae and Freddie Mac Is Not Assured. The Executive Summary opens, Fannie Mae and Freddie Mac (collectively, the Enterprises) … Continue reading
Read MoreMonday’s Adjudication Roundup
by Shea Cunningham
Court denies US Bank’s opportunity to revive suit against Citigroup over hundreds of millions of dollars in mortgage-backed securities sold during the financial crisis. IL court refuses to dismiss suit against Bank of America over lowering underwriting standards for borrowers … Continue reading
Read More
