REFinBlog

Editor: David Reiss
Cornell Law School

June 4, 2015

Be Careful What You Wish For GSEs

By David Reiss

Jim Parrott and Mark Zandi have released a report, Privatizing Fannie and Freddie: Be Careful What You Ask For. The authors go through a very useful exercise in which they break down the cost of reprivatizing. The report opens, Few are … Continue reading

June 3, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

The Boom, the Bust and the Future of Homeownership, by Stuart A. Gabriel & Stuart S. Rosenthal, Real Estate Economics, Vol. 43, Issue 2, pp. 334-374, 2015. Promoting ‘Inclusive Communities’: A Modified Approach to Disparate Impact Under the Fair Housing … Continue reading

June 1, 2015

Reiss on Lawsky Legacy

By David Reiss

Law360 quoted me in Lawsky’s Aggressive Tactics Provided Model For Regulators (behind a paywall). It reads, in part, New York Superintendent of Financial Services Benjamin Lawsky’s frequent, aggressive and often creative enforcement actions generated billions of dollars for the state and … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

NY Federal Court ended the suit against US Bank and Bank of America brought by Blackrock and NCUA for failure to properly oversee residential mortgage-backed security trusts finding that most of the trusts fell under state law. Deutsche Bank, Morgan … Continue reading

May 29, 2015

Facts and Myths About Rent Regulation

By David Reiss

Few topics are more fraught in NYC than rent regulation and stances about it are typically set by where people are financially and ideologically. It is always useful when someone tries to add some good old-fashioned facts to the debate in order to … Continue reading

May 22, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

HUD released “Effect of QAP Incentives on the Location of LIHTC Properties” which examined the patterns of Low Income Housing Tax Credit (LIHTC) developments. The Government Accountability Office (GAO) releases its report on the status of the Community Development Capital … Continue reading

May 20, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Rights at Risk in Privatized Public Housing, by Jaime Lee, Tulsa Law Review, Vol. 50, 2015, pp. 759-801. Making Firms Liable for Consumers’ Mistaken Beliefs: Theoretical Model and Empirical Applications to the U.S. Mortgage and Credit Card Markets, by Alexei … Continue reading