REFinBlog

Editor: David Reiss
Cornell Law School

September 3, 2014

Top Ten Issues for Housing Finance Reform

By David Reiss

Laurie Goodman of the Urban Institute has posted A Realistic Assessment of Housing Finance Reform. This paper is quite helpful, given the incredible complexity of the topic. The paper includes a lot of background, but I assume that readers of … Continue reading

September 2, 2014

Insuring Mortgages Through the Business Cycle

By David Reiss

Mark Zandi and Cristian deRitis of Moody’s, along with Jim Parrott of the Urban Institute, have posted Putting Mortgage Insurers on Solid Ground. They wrote this in response to the Private Mortgage Insurance Eligibility Requirements set forth by the FHFA. … Continue reading

August 15, 2014

The Cost of Doing Nothing

By David Reiss

Yesterday, I wrote about the Securities Industry and Financial Markets Association (SIFMA)’s FHFA comment letter. Today I write about SIFMA’s comment letter in response to Treasury’s request for input relating to the future of the private-label securities market. Like the … Continue reading

August 14, 2014

Housing Finance Abhors A Vacuum

By David Reiss

The Securities Industry and Financial Markets Association (SIFMA) released their comment letter to the Federal Housing Finance Agency’s request for input relating to the role of the Fannie and Freddie guarantee fee (g-fee) in the housing finance market. While clearly … Continue reading

August 12, 2014

Fannie+Freddie=FRANNIE?!?

By David Reiss

The Federal Housing Finance Agency (FHFA) has posted a Request for Input on “the proposed structure for a Single Security that would be issued and guaranteed by Fannie Mae or Freddie Mac.” The FHFA’s press release states that The Single … Continue reading