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
November 18, 2013
Fannie and Freddie in Play?
Bill Ackman’s Pershing Square Capital Management LP has joined Bruce Berkowitz’s Fairholme Capital Management LLC in seeking to privatize Fannie Mae and Freddie Mac. News reports indicate that Pershing Square owns about ten percent of the common shares of each … Continue reading
November 18, 2013 in Federal Housing Finance Agency | Permalink | No Comments
November 4, 2013
Balancing Consumer Protection and Access to Credit
S&P posted U.S. RMBS Roundtable: Originators, Aggregators, and Counsel Discuss New Qualified Mortgage Rules. In summarizing the roundtable, S&P notes that The ability-to-repay rule, ostensibly to prevent defaults and another housing crisis, is still very much open to interpretation. To … Continue reading
November 4, 2013 in Federal Housing Finance Agency | Permalink | No Comments
October 22, 2013
Private Capital and the Mortgage Markets
The American Securitization Forum recently wrote to the Federal Housing Finance Agency to argue for at least a small reduction in the size of the loans that Fannie and Freddie can guaranty. While this makes sense to me, it is … Continue reading
October 22, 2013 in Federal Housing Finance Agency | Permalink | No Comments
October 15, 2013
Mortgage Reform Schooling on 30 Year Term
S&P has posted U.S. Mortgage Finance Reform Efforts and the Potential Credit Implications to school us on the current state of affairs in Congress. It provides a useful lesson on three major mortgage reform bills introduced in Congress this year. … Continue reading
October 15, 2013 in Federal Housing Finance Agency | Permalink | No Comments
October 7, 2013
Post-Bubble Foreclosure-Prevention and -Mitigation Options in Your Town?
Bob Hockett has posted Post-Bubble Foreclosure-Prevention and -Mitigation Options in Seattle. I recommend it to those interested in issues beyond Seattle’s borders because it actually covers foreclosure-prevention and mitigation options across the country, although it looks at them with a … Continue reading
October 7, 2013 in Federal Housing Finance Agency | Permalink | No Comments
September 19, 2013
Reiss on Fannie/Freddie Loan Limits
Law360 quoted me in Time May Not Be Right To Limit Fannie, Freddie Loans (behind a paywall). It reads in part, The Federal Housing Finance Agency has proposed lowering the maximum size of the loans Fannie Mae and Freddie Mac … Continue reading
September 19, 2013 in Federal Housing Finance Agency | Permalink | No Comments