October 29, 2015
Frannie v. Private-Label Smackdown
S&P posted a report, Historical Data Show That Agency Mortgage Loans Are Likely to Perform Significantly Better Than Comparable Non-Agency Loans. The overview notes, We examined the default frequencies of both agency and non-agency mortgage loans originated from 1999-2008. As … Continue reading
October 29, 2015 in Regulation | Permalink | No Comments
October 28, 2015
Wednesday’s Academic Roundup
Foiled by the Banks? How a Lender’s Decision May Support or Undermine a Jurisdiction’s Environmental Policies that Promote Green Buildings, Darren A. Prum, Michigan Journal of Environmental & Administrative Law, 2015, Forthcoming. The Numerus Clausus Principle, Property Customs, and the … Continue reading
October 28, 2015 in Regulation | Permalink | No Comments
October 26, 2015
Monday’s Adjudication Roundup
TCW Asset Management Co. will continue to face $128 million suit from investors for allegedly lying about the value of mortgage-backed securities. A court found that the City of Saratoga Springs failed to timely appeal in case over incorporation of … Continue reading
October 26, 2015 in Regulation | Permalink | No Comments
October 23, 2015
Friday’s Government Reports Roundup
The National Housing Conference released its 2015 “Paycheck to Paycheck” report, which reports how the gap between housing and wages has increased. The National Bureau of Economic Research released a working paper, Housing Booms and Busts, Labor Market Opportunities, and … Continue reading
October 23, 2015 in Regulation | Permalink | No Comments
October 21, 2015
Wednesday’s Academic Roundup
Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB St. Louis Paper No. FEDLWP2-13-021. Crowding Out Effects of Refinancing on New Purchase Mortgages, Steven A. Sharpe & Shane M. Sherlund, FEDS Working Paper No. FEDGFE2015-17. The Determinants of … Continue reading
October 21, 2015 in Regulation | Permalink | No Comments
October 20, 2015
Hypothetically Reforming Fannie and Freddie
S&P issued a report, Fannie, Freddie, and the FHLB System: Plus Ca Change . . . The report opens, “Despite reform talk in the years since the U.S. housing crisis, Standard & Poor’s Ratings Services believes the likelihood of extraordinary government support … Continue reading
October 20, 2015 in Regulation | Permalink | No Comments
Tuesday’s Regulatory & Legislative Update
The Consumer Financial Protection Bureau (CFPB) has finalized a Rule to expand reporting requirements imposed upon financial institutions under the Home Mortgage Disclosure Act (HMDA). Dodd-Frank included a mandate directing the CFPB to collect metrics to allow, among other things, a better … Continue reading
October 20, 2015 in Regulation | Permalink | No Comments
