April 13, 2015
Reiss on Mortgage Lingo
MainStreet.com quoted me in 10 Terms of Mortgage Industry Lingo for Potential Homeowners to Learn. It reads, in part, The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons … Continue reading
April 13, 2015 in Federal Housing Finance Agency | 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 Finance Agency | Permalink | No Comments
Friday’s Government Reports Roundup
The Office of the Comptroller of the Currency released a report on mortgage performance. CFPB releases its Consumer Response Annual Report analyzing the complaints it received in 2014 and its fourth annual Fair Debt Collection Practices Act FHFA releases its … Continue reading
April 10, 2015 in Federal Housing Finance Agency | Permalink | No Comments
April 3, 2015
Seismic Shift in Lending?
Researchers at the American Enterprise Institute’s International Center on Housing Risk have posted a study that shows a “seismic shift in lending away from large banks to nonbanks.” (1) The key takeaways are The dramatic decline in agency market share … Continue reading
April 3, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 31, 2015
The Rescue of Fannie and Freddie
Federal Reserve researchers, W. Scott Frame, Andreas Fuster, Joseph Tracy and James Vickery, have posted a staff report, The Rescue of Fannie Mae and Freddie Mac. The abstract reads, We describe and evaluate the measures taken by the U.S. government to … Continue reading
March 31, 2015 in Federal Housing Finance Agency | 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 Finance Agency | Permalink | No Comments
March 25, 2015
Frannie Conservatorships: What A Long, Strange Trip It’s Been
The Federal Housing Finance Agency Office of Inspector General has posted a White Paper, FHFA’s Conservatorships of Fannie Mae and Freddie Mac: A Long and Complicated Journey. This White Paper on conservatorships updates a first one that OIG published in … Continue reading
March 25, 2015 in Federal Housing Finance Agency | Permalink | No Comments