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 Regulation | Permalink | No Comments
June 30, 2017
The Financial Meltdown and Consumer Protection
Larry Kirsch and Gregory D. Squires have published Meltdown: The Financial Crisis, Consumer Protection, and the Road Forward. According to the promotional material, Meltdown reveals how the Consumer Financial Protection Bureau was able to curb important unsafe and unfair practices that … Continue reading
June 30, 2017 in Regulation | 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 Regulation | Permalink | No Comments
June 20, 2017
Increasing Price Competition for Title Insurers
The New York State Department of Financial Services issued proposed rules for title insurance last month and requested comments. I submitted the following: I write and teach about real estate and am the Academic Director of the Center for Urban … Continue reading
June 20, 2017 in Regulation | Permalink | No Comments
June 19, 2017
Treasury’s Trojan Horse for The CFPB
The Hill posted my latest column, Americans Are Better off with Consumer Protection in Place. It opens, This month, the Treasury Department issued a report to President Trump in response to his executive order on regulation of the U.S. financial system. … Continue reading
June 19, 2017 in Regulation | Permalink | No Comments
June 16, 2017
Fox in The CRA Henhouse
Law360 quoted me in Treasury’s Fair Lending Review Worries Advocates (behind a paywall). It reads, in part, President Donald Trump’s Treasury Department said Monday that revisiting a 1977 law aimed at boosting bank lending and branches in poor neighborhoods was a “high … Continue reading
June 16, 2017 in Regulation | 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 Regulation | Permalink | No Comments
