April 17, 2017
This Is What GSE Reform Looks Like
The Federal Housing Finance Agency’s Division of Conservatorship release an Update on Implementation of the Single Security and the Common Securitization Platform. As I had discussed last week, housing finance reform is proceeding apace from within the FHFA notwithstanding assertions … Continue reading
April 17, 2017 in Regulation | Permalink | No Comments
April 13, 2017
Fannie + Freddie = Frannie
The Federal Housing Finance Agency released its 2016 Scorecard Progress Report. It contains some interesting information about the FHFA’s ongoing efforts to reshape Fannie and Freddie notwithstanding the inaction of Congress. These efforts are not broadcast very clearly, but they … Continue reading
April 13, 2017 in Regulation | Permalink | No Comments
April 12, 2017
Skinny Budget Sucker Punch
The Waco Tribune-Herald quote me in Cutting Habitat Could Hurt Local Economy. It reads, Last summer, through a series of tragic events, one of our longtime church members faced the frightening possibility of homelessness. She had lived with her father for … Continue reading
April 12, 2017 in Regulation | Permalink | No Comments
April 11, 2017
What Is a HUD Foreclosure?
Realtor.com quoted me in What Is a HUD Foreclosure? A Home That’s Below Market Value. It reads, “Foreclosure” is a scary word with a simple definition: It’s the process of a lender attempting to recoup the balance owed on a loan … Continue reading
April 11, 2017 in Regulation | Permalink | No Comments
April 6, 2017
Is There a Bipartisan Fix for Fannie and Freddie?
The Hill published my latest column, Congress May Have Finally Found a Bipartisan Fix to Fannie and Freddie. It reads, It is welcome news to hear that Sens. Bob Corker (R-Tenn.) and Mark Warner (D-Va.) are looking to craft a bipartisan … Continue reading
April 6, 2017 in Regulation | Permalink | No Comments
March 20, 2017
United States v. CFPB
The Trump Administration has filed an amicus brief in PHH Corp. v. CFPB. The case is schedule for an en banc hearing in May. The filing is particularly newsworthy because the Trump Administration is siding with PHH, a mortgage lender, … Continue reading
March 20, 2017 in Regulation | Permalink | No Comments
March 17, 2017
Can Downpayment Assistance Work?
The HUD Inspector General issued a report on FHA-Insured Loan with Borrower-Financed Downpayment Assistance. Downpayment assistance has a long history of failure, a history that has led to big losses for the FHA and foreclosures for borrowers. The IG audited … Continue reading
March 17, 2017 in Regulation | Permalink | No Comments
