November 13, 2014
Reiss on Privatization of Fannie and Freddie
BadCredit.org profiled an article of mine in Brooklaw Professor Pushes for Privatization of Fannie Mae/Freddie Mac. The profile opens, Since the end of the Great Recession, policymakers, academics and economists have been struggling with a very difficult question — what … Continue reading
November 13, 2014 in Federal Housing Finance Agency | Permalink | No Comments
October 27, 2014
Reiss and Lederman on Affordable Housing Goals
Jeff Lederman and I have posted our comment to the FHFA’s proposed housing goals for Fannie Mae and Freddie Mac for 2015 through 2017. We argue, As the FHFA sets the housing goals for 2015-2017, it should focus on maximizing … Continue reading
October 27, 2014 in Federal Housing Finance Agency | Permalink | No Comments
October 21, 2014
Reiss on Easing Credit
Law360 quoted me in With Lessons Learned, FHFA Lets Mortgage Giants Ease Credit (behind a paywall). It reads in part, The Federal Housing Finance Agency’s plan to boost mortgage lending by allowing Fannie Mae and Freddie Mac to purchase loans … Continue reading
October 21, 2014 in Federal Housing Finance Agency | Permalink | No Comments
October 17, 2014
The Other GSE Conservatorship Lawsuit
While there has been a lot of attention over Judge Lamberth’s ruling on the shareholders’ cases regarding Fannie and Freddie’s conservatorships, much less has been given to Judge Cooke’s dismissal of Samuels v. FHFA (No. 13-22399 S.D. Fla. ) (Sept. … Continue reading
October 17, 2014 in Federal Housing Finance Agency | Permalink | No Comments
October 14, 2014
Reiss on The FHFA’s Common Securitization Platform
I have submitted my response to the FHFA’s Request for Input on the Proposed Single Security Structure. The abstract for my response, The FHFA’s Proposed Single Security Structure, reads, The Federal Housing Finance Agency (FHFA) has posted a Request for … Continue reading
October 14, 2014 in Federal Housing Finance Agency | Permalink | No Comments
October 9, 2014
A Framework For Housing Finance
The Government Accountability Office has released Housing Finance System: A Framework for Assessing Potential Changes. The GAO writes, To help policymakers assess various proposals for changing the single-family housing finance system and consider ways in which the system could be … Continue reading
October 9, 2014 in Federal Housing Finance Agency | Permalink | No Comments
September 18, 2014
Frannie Reps and Warranties Crisis Brewing
The Inspector General of the Federal Housing Finance Agency released an audit, FHFA’s Representation and Warranty Framework. Reps and warranties are a risk-shifting device that sophisticated commercial parties use in transactions. If a party makes a representation or warranty that … Continue reading
September 18, 2014 in Federal Housing Finance Agency | Permalink | No Comments