May 1, 2014
Stressing out on Fannie and Freddie
The Federal Housing Finance Agency issued Projections of the Enterprises’ Financial Performance (Stress Tests) (Apr. 30, 2014). This is a pretty technical, but important, document. The Background section provides some needed context: This report provides updated information on possible ranges … Continue reading
May 1, 2014 in Federal Housing Finance Agency | Permalink | No Comments
April 14, 2014
Inside Johnson-Crapo
Enterprise Community Partners, Inc. has posted Inside Johnson-Crapo: What the Senate Housing Finance Reform Bill Could Mean for Low- and Moderate-income Communities. Parsing the various Congressional proposals for housing finance reform is hard enough for an expert, let alone for … Continue reading
April 14, 2014 in Federal Housing Finance Agency | Permalink | No Comments
March 25, 2014
Fannie and Freddie’s Debt to Treasury
Larry Wall of the Federal Reserve Bank of Atlanta has posted one of his Notes from the Vault, Have the Government-Sponsored Enterprises Fully Repaid the Treasury? It opens, Have U.S. taxpayers been fully compensated for their bailout of the government-sponsored … Continue reading
March 25, 2014 in Federal Housing Finance Agency | Permalink | No Comments
March 20, 2014
CFPB Strategy on Mortgage Data
The CFPB released its Strategic Plan, Budget, and Performance Plan and Report which provides a good summary of what the Bureau has done to date. I was particularly interested in this summary of its work to build a representative database … Continue reading
March 20, 2014 in Federal Housing Finance Agency | Permalink | No Comments
March 19, 2014
Reiss on Fannie and Freddie Conservatorship Litigation
I have posted An Overview of the Fannie and Freddie Conservatorship Litigation to SSRN (and to BePress as well). The abstract reads: The fate of Fannie Mae and Freddie Mac are subject to the vagaries of politics, regulation, public opinion, … Continue reading
March 19, 2014 in Federal Housing Finance Agency | Permalink | No Comments
March 18, 2014
Reiss on Frannie Reform
Law360.com quoted me in Capital Rules To Spread Beyond Banks Under Housing Bill (behind a paywall). The story reads in part, Mortgage servicers, aggregators and other actors in the U.S. housing finance market would for the first time be subject … Continue reading
March 18, 2014 in Federal Housing Finance Agency | Permalink | No Comments
March 3, 2014
Fannie and Freddie Boards: Caveat Fairholme
Fairholme Capital Management has sent stern letters to the the boards of Fannie Mae and Freddie Mac (the letters are essentially the same). Fairholme’s funds have millions of common and preferred shares in the two companies and Fairholme has taken … Continue reading
March 3, 2014 in Federal Housing Finance Agency | Permalink | No Comments
