July 3, 2017
Easy Money From Fannie Mae
The San Francisco Chronicle quoted me in Fannie Mae Making It Easier to Spend Half Your Income on Debt. It reads in part, Fannie Mae is making it easier for some borrowers to spend up to half of their monthly pretax … Continue reading
July 3, 2017 in Federal Housing Finance Agency | Permalink | No Comments
June 26, 2017
FHFA’s Asks from Congress
The Federal Housing Finance Agency released its 2016 report to Congress. Of particular note are its legislative recommendations. The first is one that I and every other housing policy analyst has been saying for years. The second two are very … Continue reading
June 26, 2017 in Federal Housing Finance Agency | Permalink | No Comments
June 15, 2017
Time Is Ripe For GSE Reform
Banker and Tradesman quoted me in Time Is Ripe For GSE Reform (behind a paywall). It opens, Federal Housing Finance Agency (FHFA) Director Melvin L. Watt told the U.S. Senate Committee on Banking, Housing and Urban Affairs last month that “Congress … Continue reading
June 15, 2017 in Federal Housing Finance Agency | Permalink | No Comments
June 8, 2017
Securitizing Single-Family Rentals
Laurie Goodman and Karan Kaul of the Urban Institute’ Housing Finance Policy Center have issued a a paper on GSE Financing of Single-Family Rentals. They write, Fannie Mae recently completed the first government-sponsored enterprise (GSE) securitization of single-family rental (SFR) properties … Continue reading
June 8, 2017 in Federal Housing Finance Agency | Permalink | No Comments
June 7, 2017
Framing Bipartisan Housing Finance Reform
The Bipartisan Policy Center has issued A Framework for Improving Access and Affordability in a Reformed Housing Finance System. The brief was written by Michael Stegman who had served as the Obama Administration’s top advisor on housing policy. It opens, With policymakers … Continue reading
June 7, 2017 in Federal Housing Finance Agency | Permalink | No Comments
June 6, 2017
GSE Investors Propose Reform Blueprint
Moelis & Company, financial advisors to some of Fannie and Freddie investors including Paulson & Co. and Blackstone GSO Capital Partners, has release a Blueprint for Restoring Safety and Soundness to the GSEs. The blueprint is a version of a “recap … Continue reading
June 6, 2017 in Federal Housing Finance Agency | Permalink | No Comments
May 24, 2017
American Bankers on Mortgage Market Reform
The American Bankers Association has issued a white paper, Mortgage Lending Rules: Sensible Reforms for Banks and Consumers. The white paper contains a lot of common sense suggestions but its lack of sensitivity to consumer concerns greatly undercuts its value. It … Continue reading
May 24, 2017 in Federal Housing Finance Agency | Permalink | No Comments
