August 11, 2014
Reiss on The Future of the Private Label Securities Market
I have posted The Future of the Private Label Securities Market to SSRN (as well as to BePress). I wrote this in response to the Department of Treasury’s request for input on this topic. The abstract reads, The PLS market, … Continue reading
August 11, 2014 in Federal Housing Finance Agency | Permalink | No Comments
August 8, 2014
Conservative Underwriting or Regulatory Uncertainty?
Jordan Rappaport (Federal Reserve Bank of Kansas City) and Paul Willen (Federal Reserve Bank of Boston) have posted a Current Policy Perspectives,Tight Credit Conditions Continue to Constrain The Housing Recovery. They write, Rather than cutting off access to mortgage credit … Continue reading
August 8, 2014 in Federal Housing Finance Agency | Permalink | No Comments
July 16, 2014
Good Data for the FHFA
The Federal Housing Finance Agency released a White Paper on the FHFA Mortgage Analytics Platform. By way of background, the White Paper states that The Federal Housing Finance Agency (FHFA) maintains a proprietary Mortgage Analytics Platform to support the Agency’s … Continue reading
July 16, 2014 in Federal Housing Finance Agency | Permalink | No Comments
July 14, 2014
Reiss on Mortgage Insurance Proposal
Law360 quoted me in FHFA Capital Rules Will Squeeze Older Mortgage Insurers (behind a paywall). It opens, The Federal Housing Finance Agency on Thursday released proposals that would impose higher capital requirements on private mortgage insurers doing business with Fannie Mae and Freddie Mac, but experts … Continue reading
July 14, 2014 in Federal Housing Finance Agency | Permalink | No Comments
July 7, 2014
Servicer Safety & Soundness and Consumer Protection
The FHFA’s Inspector General issued an audit, FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages. The audit identified two major risks in the current environment: Using short-term financing to buy servicing rights for troubled mortgage … Continue reading
July 7, 2014 in Federal Housing Finance Agency | Permalink | No Comments
July 1, 2014
Reiss in CSM on Rental Policy
The Christian Science Monitor quoted me in Census Outlines ‘Poverty Areas’: Which States Hit Hardest? It reads in part, The number of US residents living in “poverty areas” has jumped significantly since 2000, according to a Census Bureau report released … Continue reading
July 1, 2014 in Federal Housing Finance Agency | Permalink | No Comments
June 26, 2014
State of the Nation’s Housing Finance
The Joint Center for Housing Studies of Harvard University has released the 2014 edition of The State of the Nation’s Housing. As to the nation’s housing finance system, the report finds that The government still had an outsized footprint in … Continue reading
June 26, 2014 in Federal Housing Finance Agency | Permalink | No Comments
