February 27, 2014
Reiss on Marketplace: Cash Cows to Slaughter
I was interviewed on Marketplace for its story, Fannie and Freddie: Cash Cows Avoid The Slaughter? (sound file) The text of the story reads We are making money – the tax payer, that is – on Fannie and Freddie Mac. … Continue reading
February 27, 2014 in Federal Housing Finance Agency | Permalink | No Comments
February 7, 2014
The Road to Securitization
Miguel Segoviano et al. of the IMF released a helpful Working Paper, Securitization: Lessons Learned and the Road Ahead (also on SSRN). It opens, Like most forms of financial innovation, there are cost and benefits associated with the securitization of … Continue reading
February 7, 2014 in Federal Housing Finance Agency | Permalink | No Comments
February 3, 2014
Foreclosure Prevention: The Real McCoy
Patricia McCoy has posted Barriers to Foreclosure Prevention During the Financial Crisis (also on SSRN). In the early 2000s, Pat was one of the first legal scholars to identify predatory behaviors in the secondary mortgage market. These behaviors resulted in … Continue reading
February 3, 2014 in Federal Housing Finance Agency | Permalink | No Comments
January 2, 2014
Reiss on Cases To Watch In 2014
Law360 quoted me in Real Estate Cases To Watch In 2014. The story reads in part, The real estate market’s recovery from the financial crisis of the past few years has created a host of new issues — from contract disputes … Continue reading
January 2, 2014 in Federal Housing Finance Agency | Permalink | No Comments
December 31, 2013
Reiss in Reuters on Mortgage Investing
Reuters quoted me in Mortgage Bonds Reward Yield-Sensitive Investors, which addresses the future of Fannie and Freddie. It reads in part, Investors who buy mortgage-backed securities from Fannie Mae and Freddie Mac and hold those bonds until they mature will … Continue reading
December 31, 2013 in Federal Housing Finance Agency | Permalink | No Comments
December 5, 2013
GSEs Are Giants of Multifamily Sector Too
In discussions about the future of Fannie and Freddie, we tend to emphasize their outsized role in the single-family sector. We often forget that they have an even bigger footprint in multifamily. A recent Kroll BondRatings report, FHFA Slowdown May … Continue reading
December 5, 2013 in Federal Housing Finance Agency | Permalink | No Comments
November 26, 2013
Reiss on Government’s Role in Housing Finance
The Urban Land Institute New York Blog posted Housing Finance Leaders Gather to Discuss the Future of Freddie and Fannie about a recent panel on the housing finance market. It begins, Housing finance industry leaders came together last week to … Continue reading
November 26, 2013 in Federal Housing Finance Agency | Permalink | No Comments