May 7, 2013
Reiss on New Limits on Lending for Fannie and Freddie
Law360 interviewed me in Fannie, Freddie Will Only Buy Qualified Mortgages, FHFA Says (behind a paywall) about the new limits on lending imposed on Fannie and Freddie: The Federal Housing Finance Agency on Monday said that Fannie Mae and Freddie Mac … Continue reading
May 7, 2013 in Federal Housing Finance Agency | Permalink | No Comments
May 6, 2013
Principled Forgiveness
The Congressional Budget Office issued a report, Modifying Mortgages Involving Fannie Mae and Freddie Mac: Options for Principal Forgiveness, that reviews where we are with principal-forgiveness loan modifications. It notes that “Fannie Mae and Freddie Mac have not been allowed … Continue reading
May 6, 2013 in Federal Housing Finance Agency | Permalink | No Comments
April 18, 2013
Judiciary’s Take on the Subprime Zeitgeist
The 2nd Circuit’s opinion in FHFA v. UBS Americas Inc. et al. (April 5, 2013, No. 12-3207-cv) offers an interesting window into how at least some members of the judiciary understand the Subprime Crisis. On its face, the case was … Continue reading
April 18, 2013 in Federal Housing Finance Agency | Permalink | No Comments
April 17, 2013
Are Baby Steps Enough for Fannie and Freddie?
S&P issued a research report, The Implementation Of The FHFA’s Plan For Fannie Mae And Freddie Mac Still Has A Long Way To Go. The report addresses a number of recent events that will impact any reform program for the … Continue reading
April 17, 2013 in Federal Housing Finance Agency | Permalink | No Comments
March 25, 2013
Building a Model for Housing Finance
Following up on Friday’s post, I want to discuss Chambers, Garriga and Schlagenhauf’s draft that they recently posted to SSRN (free here). It presents some interesting historical analogies to the issues we face as we attempt to chart a new … Continue reading
March 25, 2013 in Federal Housing Finance Agency | Permalink | No Comments
March 18, 2013
Reiss on Future of the FHFA
Law360 wrote a story (here, behind a paywall) on the Obama Administration’s plans for the Federal Housing Finance Agency. It reads in part Although the Obama administration has dealt aggressively with congressional Republicans in some areas, it’s unlikely to make … Continue reading
March 18, 2013 in Federal Housing Finance Agency | Permalink | No Comments
March 8, 2013
Wrapping up America’s Housing Future
This is my last post (see here and here for the first two) on the Bipartisan Policy Center’s Housing America’s Future report. I have one last thought to share — a radical one at that. The report takes for granted … Continue reading
March 8, 2013 in Federal Housing Finance Agency | Permalink | No Comments
