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 Regulation | 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 Regulation | 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 Regulation | Permalink | No Comments
June 5, 2017
Assessing The Ability-to-Repay and Qualified Mortgage Rule
The Consumer Financial Protection Bureau has issued a Request for Information Regarding Ability-to-Repay/Qualified Mortgage Rule Assessment. Dodd-Frank requires the Bureau to conduct an assessment of each significant rule or order adopted by the Bureau under Federal consumer financial law. The … Continue reading
June 5, 2017 in Regulation | Permalink | No Comments
May 31, 2017
Cracked Foundation for American Households
President Trump’s budget claims to lay A New Foundation for American Greatness. Whatever else it does, when it comes to housing it leads down a path to ruin for many an American family. Here is just some of what he … Continue reading
May 31, 2017 in Regulation | Permalink | No Comments
May 25, 2017
NYC’s Housing Supply
The New York City Rent Guidelines Board (of which I am a member) released its 2017 Housing Supply Report. It has a lot of interesting data for housing nerds as well as those of us obsessed with NYC. Here is a taste: There … Continue reading
May 25, 2017 in Regulation | 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 Regulation | Permalink | No Comments
