REFinBlog

Editor: David Reiss
Cornell Law School

April 18, 2013

Judiciary’s Take on the Subprime Zeitgeist

By David Reiss

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 17, 2013

Are Baby Steps Enough for Fannie and Freddie?

By David Reiss

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

March 25, 2013

Building a Model for Housing Finance

By David Reiss

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 18, 2013

Reiss on Future of the FHFA

By David Reiss

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 8, 2013

Wrapping up America’s Housing Future

By David Reiss

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 5, 2013

Reiss on Fannie and Freddie Multifamily Contraction

By David Reiss

GlobeSt.com interviewed me (and others) about Federal Housing Finance Agency Acting Director Edward J. DeMarco plans to reduce Fannie and Freddie’s multifamily finance volume by 10% from last year’s levels: Also consider this, says David Reiss, a professor of Law … Continue reading

February 26, 2013

New Direction for Federal Housing Policy? Finally!

By David Reiss

The Bipartisan Policy Center has released Housing America’s Future: New Directions for National Policy.  The Wall Street Journal reported (behind a paywall) that the report represents a “behind-the-scenes effort to jumpt-start the debate over Fannie’s and Freddie’s future . . … Continue reading