REFinBlog

Editor: David Reiss
Cornell Law School

March 6, 2018

Mortgage Insurers and The Next Housing Crisis

By David Reiss

The Inspector General of the Federal Housing Finance Agency has released a white paper on Enterprise Counterparties: Mortgage Insurers. The Executive Summary reads, Fannie Mae and Freddie Mac (the Enterprises) operate under congressional charters to provide liquidity, stability, and affordability … Continue reading

February 28, 2018

A Fix Already in Place for Housing Finance?

By David Reiss

Executives at Pimco, the world’s largest bond fund manager, have posted U.S. Housing Finance Reform: Why Fix What Isn’t Broken? I think their analysis is interesting, but seriously flawed: The topic of housing finance reform has come in and out of … Continue reading

February 26, 2018

Housing Affordability and GSE Reform

By David Reiss

Jim Parrott and Laurie Goodman of the Urban Institute have posted Making Sure the Senate’s Access and Affordability Proposal Works. It opens, One of the most consequential and possibly promising components of the draft bill being considered in the Senate … Continue reading

February 23, 2018

The Budgetary Impact on Housing Finance

By David Reiss

The MIT Golub Center for Finance and Policy has posted some interesting infographics on The President’s 2019 Budget: Proposals Affecting Credit, Insurance and Financial Regulators: The White House released the President’s budget proposal for fiscal year 2019 on February 12, just days … Continue reading

February 16, 2018

Treasury’s Take on Housing Finance Reform

By David Reiss

The Department of the Treasury released its Strategic Plan for 2018-2022. One of its 17 Strategic Objectives is to promote housing finance reform: Support housing finance reform to resolve Government-Sponsored Enterprise (GSE) conservatorships and prevent taxpayer bailouts of public and … Continue reading

January 29, 2018

Bringing Housing Finance Reform over the Finish Line

By David Reiss

The Milkin Institute have released Bringing Housing Finance Reform over the Finish Line. It opens, The housing finance reform debate has once again gained momentum with the goal of those involved to move forward with bipartisan legislation in 2018 that results … Continue reading