Editor: David Reiss
Brooklyn Law School

February 8, 2018

Loan Mods Amidst Rising Interest Rates

By David Reiss

The Urban Institute’s Laurie Goodman et al. have posted Government Loan Modifications: What Happens When Interest Rates Rise?. This brief is another product of the newly formed Mortgage Servicing Collaborative. This brief examines the current loan modification product suite for … Continue reading

December 7, 2017

Preparing for the Next Housing Tsunami

By David Reiss

Greg Kaplan et al. posted The Housing Boom and Bust: Model Meets Evidence to SSRN. The abstract reads, We build a model of the U.S. economy with multiple aggregate shocks (income, housing finance conditions, and beliefs about future housing demand) … Continue reading

May 2, 2016

Nonbank Servicers Pose Risks for Homeowners

By David Reiss

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has released its Quarterly Report to Congress (April 27, 2016). The Report focuses on how nonbank servicers raise risks for homeowners participating in the Home Affordable Modification … Continue reading

August 3, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

The Third Circuit upholds class certification in case against PNC Bank NA, in which individuals are alleging the bank participated in an illegal home equity lending scheme. Residential Credit Solutions Inc., a mortgage servicing company, will pay $1.6 million in … Continue reading

May 22, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

HUD released “Effect of QAP Incentives on the Location of LIHTC Properties” which examined the patterns of Low Income Housing Tax Credit (LIHTC) developments. The Government Accountability Office (GAO) releases its report on the status of the Community Development Capital … Continue reading

October 16, 2014

Reiss on Saving Thousands on Your Mortgage!

By David Reiss quoted me in You Can Save Thousands on Your Mortgage By Taking This Tiny Step.  It reads in part, Homeowners can save thousands of dollars when they work with counselor to get their mortgages modified and decrease their odds … Continue reading

August 18, 2014

Housing Finance at A Glance

By David Reiss

The Urban Institute’s Housing Finance Policy Center really does give a a nice overview of the American housing finance system in its monthly chartbook, Housing Finance at A Glance. I list below a few of the charts that I found … Continue reading