February 14, 2019
Housing Policy, Going Forward
The Hill published a column of mine, The Next Two Years of Federal Housing Policy Could Be Positive under Mark Calabria. it opens, The Trump administration has been a nightmare for housing advocates. Housing and Urban Development Secretary Carson has stopped enforcing … Continue reading
February 14, 2019 in Federal Housing Finance Agency | Permalink | No Comments
October 1, 2018
Hope for GSE Shareholders
Judge Lamberth issued an opinion in Fairholme Funds, Inc. v. FHFA (Civ. No.13-1439) (Sept. 28, 2018) that gives some hope to the private shareholders of Fannie Mae and Freddie Mac. These shareholders have been on the losing end of nearly … Continue reading
October 1, 2018 in Federal Housing Finance Agency | Permalink | No Comments
September 4, 2018
Housing Finance Transitions
The Congressional Budget Office released a report, Transitioning to Alternative Structures for Housing Finance: An Update. The report updates a 2014 analysis to inform policymakers about how different approaches to restructuring the housing finance system would affect federal costs, risks … Continue reading
September 4, 2018 in Federal Housing Finance Agency | Permalink | No Comments
August 24, 2018
GSE Shareholders Floored, Again
The United States Court of Appeals for the Eighth Circuit issued an opinion in Saxton v. FHFA (No. 17-1727, Aug. 23, 2018). The Eighth Circuit joins the Fifth, Sixth, Seventh and D.C. Circuits in rejecting the arguments of Fannie and … Continue reading
August 24, 2018 in Federal Housing Finance Agency | Permalink | 1 Comment
May 7, 2018
Housing in the Trump Era
The Real Estate Transactions Section of the American Association of Law Schools has issued the following Call for Papers: Access + Opportunity + Choice: Housing Capital, Equity, and Market Regulation in the Trump Era Program Description: The year 2018 marks the … Continue reading
May 7, 2018 in Federal Housing Finance Agency | Permalink | No Comments
March 12, 2018
Nonbanks and The Next Crisis
Researchers at the Fed and UC Berkeley have posted Liquidity Crises in the Mortgage Markets. The authors conclusions are particularly troubling: The nonbank mortgage sector has boomed in recent years. The combination of low interest rates, well-functioning GSE and … Continue reading
March 12, 2018 in Federal Housing Finance Agency | Permalink | No Comments
March 9, 2018
De Facto Housing Finance Reform
David Finkelstein, Andreas Strzodka and James Vickery of the NY Fed have posted Credit Risk Transfer and De Facto GSE Reform. It opens, Nearly a decade into the conservatorships of Fannie Mae and Freddie Mac, no legislation has yet been passed … Continue reading
March 9, 2018 in Federal Housing Finance Agency | Permalink | No Comments
