June 4, 2015
Be Careful What You Wish For GSEs
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 4, 2015 in Regulation | Permalink | No Comments
June 3, 2015
Wednesday’s Academic Roundup
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 3, 2015 in Regulation | Permalink | No Comments
June 1, 2015
Reiss on Lawsky Legacy
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
June 1, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
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
June 1, 2015 in Regulation | Permalink | No Comments
May 29, 2015
Facts and Myths About Rent Regulation
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 29, 2015 in Regulation | Permalink | No Comments
May 22, 2015
Friday’s Government Reports Roundup
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 22, 2015 in Regulation | Permalink | No Comments
May 20, 2015
Wednesday’s Academic Roundup
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
May 20, 2015 in Regulation | Permalink | No Comments