REFinBlog

Editor: David Reiss
Cornell Law School

April 11, 2017

What Is a HUD Foreclosure?

By David Reiss

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

March 20, 2017

United States v. CFPB

By David Reiss

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 17, 2017

Can Downpayment Assistance Work?

By David Reiss

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 16, 2017

Trump, Homelessness and the General Welfare

By David Reiss

The Hill published my column, Trump’s Budget Proposal Is Bad News for Housing Across the Nation. It opens, The White House unveiled its much anticipated budget proposal today. It shows deep cuts to important agencies, including a more than $6 billion decrease in … Continue reading

March 15, 2017

Fannie and Freddie’s Credit Risk Transfers

By David Reiss

The Urban Institute’s Housing Finance Policy Center has released its February 2017 Housing Finance at a Glance Chartbook, always a great resource for housing geeks. Each Chartbook highlights one topic. This one focuses on GSE credit risk transfers, an important … Continue reading

March 14, 2017

Gorsuch and the State of Administrative Law

By David Reiss

I was interviewed by Harold O’Grady on his podcast for the BLS Library Blog about Supreme Court nominee Judge Gorsuch: This conversation with Brooklyn Law School Professor David Reiss focuses on his recent article Gorsuch, CFPB and Future of the Administrative … Continue reading