REFinBlog

Editor: David Reiss
Cornell Law School

August 31, 2016

Millennial Homeowners Following ‘Rents

By David Reiss

TheStreet.com quoted me in Potential Homeowners Follow in Footsteps of Parents. It opens, Consumers tend to follow the strategies of their parents when they are faced with whether they should stick with renting or buying their first home. Potential homeowners, … Continue reading

August 5, 2016

Homeownership in NYC

By David Reiss

NYU’s Furman Center and Citi have released their joint Report on Homeownership & Opportunity in New York City. It opens, In New York City, the notoriously high costs of rental housing are well documented. But becoming a homeowner in the … Continue reading

August 3, 2016

The Future of Mortgage Default

By David Reiss

The Consumer Financial Protection Bureau has shared its Principles for the Future of Loss Mitigation. It opens, This document outlines four principles, Accessibility, Affordability, Sustainability, and Transparency, that provide a framework for discussion about the future of loss mitigation as … Continue reading

August 1, 2016

What Is an HOA?

By David Reiss

Realtor.com quoted me in What Is an HOA? Homeowners Associations—Explained. It opens, If you’re buying a condo, townhouse, or freestanding home in a neighborhood with shared common areas—such as a swimming pool, parking garage, or even just the security gates and sidewalks in … Continue reading

July 29, 2016

Another Housing Bubble?

By David Reiss

Trulia quoted me in Warning Signs: Another Housing Bubble Is Coming. It opens, Signs show another bubble coming. Some experts have a different opinion. When the housing market crashed in 2008, it caused what came to be known as ”The Great … Continue reading

July 22, 2016

Wall Street’s New Toxic Transactions

By David Reiss

The National Consumer Law Center released a report, Toxic Transactions: How Land Installment Contracts Once Again Threaten Communities of Color. It describes land installment contracts as follows: Land contracts are marketed as an alternative path to homeownership in credit-starved communities. The … Continue reading

July 21, 2016

Dual Agency Explained

By David Reiss

Trulia quoted me in What Is Dual Agency? (And Why You Should Beware). It opens, Home sellers and homebuyers are two sides of a complementary transaction. Should they each have their own agent, or is one agent enough? The answer: It … Continue reading