August 26, 2015
Principal-ed Reduction
The Urban Institute’s Housing Finance Policy Center has issued a report, Principal Reduction and the GSEs: The Moment for a Big Impact Has Passed. It opens, The Federal Housing Finance Agency (FHFA) prohibits Fannie Mae and Freddie Mac (the … Continue reading
August 26, 2015 in Federal Housing Finance Agency | Permalink | No Comments
July 2, 2015
The Importance of Understanding G-Fees
The Federal Housing Finance Agency has released Fannie Mae and Freddie Mac Single-Family Guarantee Fees in 2014. Ok, ok, this is some really technical stuff. But it gives us a lot of important information about what goes into the cost of … Continue reading
July 2, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 24, 2015
High Risk at Fannie and Freddie
The Federal Housing Finance Agency released its 2014 Report to Congress. It summarizes many interim reports and press releases that were released over the previous year, many of which have been covered by REFinBlog as they came out. I was struck, … Continue reading
June 24, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 15, 2015
Monday’s Adjudication Roundup
The CFPB increased PHH Corp.’s penalty to $109 million from $6.4 million on appeal, while upholding an administrative judge’s ruling that the firm was involved in a mortgage insurance kickback scheme. A class of PHH borrowers have been granted cert … Continue reading
June 15, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 12, 2015
Friday’s Government Reports
Consumer Financial Protection Bureau (CFPB) recently released a report entitled A Closer Look a Reverse Mortgage Advertisements and Consumer Risks which discusses its findings regarding the failure of reverse mortgage ads to mention the considerable risks involved in reverse mortgage loans (while extolling … Continue reading
June 12, 2015 in Federal Housing Finance Agency | Permalink | No Comments
June 4, 2015
Be Careful What You Wish For GSEs
Jim Parrott and Mark Zandi have released a report, Privatizing Fannie and Freddie: Be Careful What You Ask For. The authors go through a very useful exercise in which they break down the cost of reprivatizing. The report opens, Few are … Continue reading
June 4, 2015 in Federal Housing Finance Agency | Permalink | No Comments
May 14, 2015
Thursday’s Advocacy & Think Tank Round-Up
City lab’s analyzes why Billionaires Don’t Pay Taxes in New York, concludes that recent housing boom has been in the “ultralux” market and that the owners pay a fraction of their share due to a tax code that shifts the … Continue reading
May 14, 2015 in Federal Housing Finance Agency | Permalink | No Comments