REFinBlog

Editor: David Reiss
Cornell Law School

April 10, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

The Office of the Comptroller of the Currency released a report on mortgage performance. CFPB releases its Consumer Response Annual Report analyzing the complaints it received in 2014 and its fourth annual Fair Debt Collection Practices Act FHFA releases its … Continue reading

February 20, 2015

Friday’s Government Report Roundup

By Shea Cunningham

CRS Report, ‘Community Development Financial Institutions (CDFI): Programs and Policy Issues’, by Sean Lowry. (Need Bloomberg BNA Subscription) Consumers’ mortgage shopping experience, by CFPB. HUD Subsidized More Than 106,000 Noncompliant Households. (Discussing HUD’s large-scale failure in oversight of requirement that … Continue reading

February 17, 2015

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

HUD AWARDS $1.8 BILLION TO IMPROVE, PRESERVE NATION’S PUBLIC HOUSING Says Housing Authorities Will Use Funding to Maintain Housing for Families, Seniors Julián Castro: Secretary of U.S. Department of Housing and Urban Development (HUD) Positive About the FHA in Written Testimony before … Continue reading

February 6, 2015

Here Comes The Housing Trust Fund

By David Reiss

HUD has published an interim rule in the Federal Register to governing the Housing Trust Fund (HTF). The HTF could generate about a half a billion dollars a year for affordable housing initiatives, so this is a big deal. The … Continue reading

January 28, 2015

Who Benefits from the Low Income Housing Tax Credit?

By David Reiss

HUD’s Office of Policy Development and Research has released a report, Understanding  Whom  the  LIHTC  Program  Serves: Tenants  in  LIHTC  Units  as  of  December  31,  2012. By way of background, The Low-Income Housing Tax Credit (LIHTC) Program provides tax credits … Continue reading

January 16, 2015

Location, Location, Location of NYC Affordable Housing

By David Reiss

NYU’s Furman Center has released a white paper, Housing, Neighborhoods, and Opportunity: The Location of New York City’s Subsidized Affordable Housing. The report opens, Rent burdens for low- and moderate-income renters continue to grow in New York City, inviting calls … Continue reading

January 9, 2015

S&P’s Upbeat Outlook on Mortgage Market

By David Reiss

S&P posted U.S. RMBS Roundtable: Mortgage Origination And Securitization In The Post-Qualified Mortgage/Ability-To-Repay Market. The roundtable discussion offers views on many aspects of the 2015 mortgage market, but I found this passage to be particularly interesting: Originators agreed loans that … Continue reading