March 5, 2013
Reiss on Fannie and Freddie Multifamily Contraction
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
March 5, 2013 in Federal Housing Finance Agency | Permalink | No Comments
February 26, 2013
New Direction for Federal Housing Policy? Finally!
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
February 26, 2013 in Federal Housing Finance Agency | Permalink | No Comments
January 30, 2013
Strategies to Improve the Housing Market
Boston Consulting prepared this Strategies to Improve the Housing Market report on behalf of The Pew Charitable Trusts. The report focuses “on practical solutions that can readily be implemented by industry, agencies, and regulators working within existing mandates, or by … Continue reading
January 30, 2013 in Federal Housing Finance Agency | Permalink | No Comments
January 29, 2013
Federal Reserve Report on the 30 Year Fixed Rate Mortgage
Fuster and Vickery have posted Securitization and the Fixed-Rate Mortgage, a FRB of NY Staff Report. This paper brings some empirical research to the debate over the proper fate of the 30 year mortgage. Commentators are sharply divided over whether … Continue reading
January 29, 2013 in Federal Housing Finance Agency | Permalink | No Comments
December 14, 2012
Levitin and Wachter’s New History of American Housing Finance
Adam Levitin and Susan Wachter have released a very interesting paper on The Public Option in Housing Finance. The paper provides a history of the development of the housing finance infrastructure in the United States. It concludes that [t]he experience … Continue reading
December 14, 2012 in Federal Housing Finance Agency | Permalink | No Comments
December 5, 2012
Opposition to FHFA Increase in Guaranty Fees for States with Lengthy Foreclosures
Senators from the five affected states have written a letter to the FHFA’s DeMarco. This debate presents a choice between risk-based pricing on the one hand and what is generally considered a pro-homeowner legal regime on the other. The FHFA’s … Continue reading
December 5, 2012 in Federal Housing Finance Agency | Permalink | No Comments
