February 20, 2015
Friday’s Government Report Roundup
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 20, 2015 in Housing and Urban Development | Permalink | No Comments
February 17, 2015
Tuesday’s Regulatory & Legislative Round-Up
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 17, 2015 in Housing and Urban Development | Permalink | No Comments
February 6, 2015
Here Comes The Housing Trust Fund
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
February 6, 2015 in Housing and Urban Development | Permalink | No Comments
January 28, 2015
Who Benefits from the Low Income Housing Tax Credit?
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 28, 2015 in Housing and Urban Development | Permalink | No Comments
January 16, 2015
Location, Location, Location of NYC Affordable Housing
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 16, 2015 in Housing and Urban Development | Permalink | No Comments
January 9, 2015
S&P’s Upbeat Outlook on Mortgage Market
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
January 9, 2015 in Housing and Urban Development | Permalink | No Comments
January 8, 2015
Reiss on Drop in FHA Premium
Law360 quoted me in FHA Premium Cut Sets Up Fight Over Future Of Housing (behind a paywall). It reads in part, President Barack Obama’s plan to lower premiums on Federal Housing Administration insurance has rekindled a battle with Republicans over … Continue reading
January 8, 2015 in Housing and Urban Development | Permalink | No Comments
