April 20, 2015
Reiss on Low Interest Rates & Down Payments
MainStreet quoted me in How to Get the Lowest Mortgage Rates Without a Large Down Payment. It reads in part, Low mortgage rates can play a large factor whether homeowners are able to save tens of thousands of dollars in interest. Even a … Continue reading
April 20, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
Former Freddie Mac executives, who were accused of lying about Freddie’s exposure to subprime mortgages before the financial crisis, settled with the SEC. Citibank shareholders slam the Bank’s motion to dismiss a case over mortgage-backed securities worth more than $17 … Continue reading
April 20, 2015 in Regulation | Permalink | No Comments
April 15, 2015
Reiss on FHA Mortgages for First Timers
MainStreet quoted me in FHA Loans Can Be A Good Option for First-Time Homebuyers. It opens, FHA loans can be an attractive option for consumers purchasing their first home, because they require much smaller down payments. First-time homebuyers often consider these Federal Housing Administration … Continue reading
April 15, 2015 in Regulation | Permalink | No Comments
April 13, 2015
Reiss on Mortgage Lingo
MainStreet.com quoted me in 10 Terms of Mortgage Industry Lingo for Potential Homeowners to Learn. It reads, in part, The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons … Continue reading
April 13, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
Bankrupt Washington Mutual settles in class action suit for $10 million after duping plaintiffs into taking out mortgages with low “teaser rates.” Goldman Sachs asks NY Federal Judge not to certify class action suit over its Abacus collateralized debt obligation, … Continue reading
April 13, 2015 in Regulation | Permalink | No Comments
April 10, 2015
The Future of Fannie and Freddie: The Definitive Panel!
The NYU Journal of Law & Business has published The Future of Fannie and Freddie (also on SSRN): This is a transcript of a panel discussion titled, “The Future of Fannie and Freddie.” The panelists were Dr. Mark Calabria from the Cato … Continue reading
April 10, 2015 in Regulation | Permalink | No Comments
Friday’s Government Reports Roundup
The Office of the Comptroller of the Currency released a report on mortgage performance. CFPB releases its Consumer Response Annual Report analyzing the complaints it received in 2014 and its fourth annual Fair Debt Collection Practices Act FHFA releases its … Continue reading
April 10, 2015 in Regulation | Permalink | No Comments
