REFinBlog

Editor: David Reiss
Cornell Law School

Monthly Archives: March 2016

Fannie & Freddie’s Duty to Serve

March 18, 2016

by David Reiss

The Federal Housing Finance Agency had issued a request for comments on a proposed rulemaking back in December about Enterprise Duty to Serve Underserved Markets. Comments were due yesterday. I drafted a short comment letter on one of the many topics … Continue reading

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Friday’s Government Reports Roundup

by Shea Cunningham

The S. Government Accountability Office (GAO) released a report on the Troubled Asset Relief Program (TARP) making two recommendations to the Treasury: (1) the Treasury should estimate future expenditures for the Making Home Affordable program, and (2) it should deobligate … Continue reading

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High and Low Property Taxes

March 17, 2016

by David Reiss

Newsmax quoted me in Lowest Property Tax Is Hawaii and the Highest Is New Jersey. It reads, in part, The average American household spends $2,089 on real estate property taxes each year and residents of the 27 states with vehicle property taxes … Continue reading

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Thursday’s Advocacy & Think Tank Roundup

by Shea Cunningham

The National Low-Income Housing Coalition released state-by-state estimates of funds allocated by the National Housing Trust Fund. A new study published in Sociological Studies found that in major cities like New York, Chicago, Los Angeles and Houston, 35 percent of … Continue reading

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Party at Your Place?

March 16, 2016

by David Reiss

Realtor.com quoted me in Moved Out? Watch Out, Teens May Be Partying in Your Old Home. It opens, Teenagers are always on the lookout for a house party—and there’s nothing better than a venue where it’s all but guaranteed that nobody’s parents will barge … Continue reading

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Wednesday’s Academic Roundup

by Shea Cunningham

Consumer Risk Appetite, the Credit Cycle, and the Housing Bubble, Joseph L. Breeden & José J. Canals-Cerda, FRB of Philadelphia Working Paper No. 16-5. The Pricing Effects of Open Space Amenities, Qin Fan, J. Andrew Hansz & Xiaoming Yang, Journal … Continue reading

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Did Dodd-Frank Make Getting a Mortgage Harder?

March 15, 2016

by David Reiss

    ____________________________________________________________ The short answer is — No. The longer answer is — No, but . . . Bing Bai, Laurie Goodman and Ellen Seidman of the Urban Institute’s Housing Finance Policy Center have posted Has the QM Rule Made … Continue reading

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