REFinBlog

Editor: David Reiss
Cornell Law School

April 24, 2014

NYC’s Housing Affordability Challenge

By David Reiss

NYC’s Comptroller Stringer has issued The Growing Gap: New York City’s Housing Affordability Challenge. The report tells a sobering story—of stagnant incomes, rising rents, and a deepening affordability crunch, especially for the working poor and others at the lower end … Continue reading

April 7, 2014

Reiss on Housing Shortgage

By David Reiss

MainStreet.com quoted me in Housing Shortage Presents Challenges for Buyers. It reads in part, While the housing demand continues to outpace supply in various urban pockets around the U.S., potential homeowners are faced with competing bids from other buyers. The … Continue reading

April 4, 2014

Mortgage Sustainability Tool Launched

By David Reiss

Freddie Mac has created a useful new tool, the Multi-Indicator Market Index(SM) (MiMi(SM)).The press release states that it is a new publicly-accessible tool that monitors and measures the stability of the nation’s housing market, as well as the housing markets … Continue reading

April 2, 2014

Visualizing The Residential Mortgage Market

By David Reiss

Compass Point Research & Trading, LLC has a nice graph, The Mortgage Market Overview, that helps to make sense of the massive U.S. residential mortgage market. It breaks down the $20 trillion dollar U.S. residential housing market into debt and … Continue reading

April 1, 2014

Reiss on Rising Interest Rates

By David Reiss

ABC News quoted me in Small Interest Rate Changes Mean Big Money for Home Buyers.  The story reads in part, As the economy continues to recover from the worst recession since the 1930s, mortgage interest rates remain at historically low … Continue reading