March 30, 2016
Road to GSE Reform
A bevy of housing finance big shots have issued a white paper, A More Promising Road to GSE Reform. The main objective of the proposal is to migrate those components of today’s system that work well into a system that is … Continue reading
March 30, 2016 in Regulation | Permalink | No Comments
March 18, 2016
Fannie & Freddie’s Duty to Serve
The Federal Housing Finance Agency had issued a request for comments on a proposed rulemaking back in December about Enterprise Duty to Serve Underserved Markets. Comments were due yesterday. I drafted a short comment letter on one of the many topics … Continue reading
March 18, 2016 in Regulation | Permalink | No Comments
March 15, 2016
Did Dodd-Frank Make Getting a Mortgage Harder?
____________________________________________________________ The short answer is — No. The longer answer is — No, but . . . Bing Bai, Laurie Goodman and Ellen Seidman of the Urban Institute’s Housing Finance Policy Center have posted Has the QM Rule Made … Continue reading
March 15, 2016 in Regulation | Permalink | No Comments
February 22, 2016
Consumer-Friendly Financial Innovation
The Consumer Financial Protection Bureau issued a Final Policy Statement on No-Action Letters. According to the press release, the policy is intended to facilitate consumer access to financial products and services that promise substantial benefit to consumers.” More specifically, according to the … Continue reading
February 22, 2016 in Regulation | Permalink | No Comments
February 8, 2016
GSE Reform, by Stealth?
The Urban Institute’s Housing Finance Policy Center has issued its January 2016 Housing Finance at a Glance Chartbook. It opens by noting, The FHFA recently released its 2016 Scorecard for Fannie Mae and Freddie Mac with updated guidance for credit risk transfer … Continue reading
February 8, 2016 in Regulation | Permalink | No Comments
February 2, 2016
Luxury Real Estate and Transparency
Law360 quoted me in Atty-Client Privilege At Stake In Real Estate Bill (behind a paywall). It opens, The push to reveal the individuals involved in anonymous real estate deals has moved from title insurers to attorneys and real estate agents, but … Continue reading
February 2, 2016 in Regulation | Permalink | No Comments
January 22, 2016
Tough Edge for Financial Services
Law360 quoted me in Cuomo’s DFS Nominee Likely To Keep Tough Edge (behind a paywall). It reads, in part, Although New York Gov. Andrew Cuomo turned to a longtime BigLaw attorney to lead … Continue reading
January 22, 2016 in Regulation | Permalink | No Comments
