April 13, 2015
Monday’s Adjudication Roundup
Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading
April 13, 2015 in Federal Housing Administration | Permalink | No Comments
April 10, 2015
The Future of Fannie and Freddie: The Definitive Panel!
The NYU Journal of Law & Business has published The Future of Fannie and Freddie (also on SSRN): This is a transcript of a panel discussion titled, “The Future of Fannie and Freddie.” The panelists were Dr. Mark Calabria from the Cato … Continue reading
April 10, 2015 in Federal Housing Administration | Permalink | No Comments
March 27, 2015
Friday’s Government Reports Roundup
CFPB releases report of KPMG audit of its operations and budget. In the report, CFPB agrees with KPMG’s findings about control deficiencies and is aiming to fix such deficiencies. FHFA releases report on progress of Fannie/Freddie Conservatorships in advancing access … Continue reading
March 27, 2015 in Federal Housing Administration | Permalink | No Comments
March 23, 2015
Monday’s Adjudication Roundup
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
March 23, 2015 in Federal Housing Administration | Permalink | No Comments
March 10, 2015
Countercyclical Regulation of Housing Finance
Pat McCoy has posted Countercyclical Regulation and Its Challenges to SSRN. The abstract reads, Following the 2008 financial crisis, countercyclical regulation emerged as one of the most promising breakthroughs in years to halting destructive cycles of booms and busts. This … Continue reading
March 10, 2015 in Federal Housing Administration | Permalink | No Comments
February 20, 2015
Friday’s Government Report Roundup
CRS Report, ‘Community Development Financial Institutions (CDFI): Programs and Policy Issues’, by Sean Lowry. (Need Bloomberg BNA Subscription) Consumers’ mortgage shopping experience, by CFPB. HUD Subsidized More Than 106,000 Noncompliant Households. (Discussing HUD’s large-scale failure in oversight of requirement that … Continue reading
February 20, 2015 in Federal Housing Administration | Permalink | No Comments
November 25, 2014
Housing Finance Reform at a Glance
The Urban Institute has posted its November Housing Finance At A Glance. This is a really valuable resource. The introduction provides a nice overview of recent developments in the area: With a sweeping midterm election victory for the GOP, the … Continue reading
November 25, 2014 in Federal Housing Administration | Permalink | No Comments
