April 24, 2015
Fannie & Freddie and Multifamily
The Urban Institute has posted a Housing Finance Policy Center Brief, The GSEs’ Shrinking Role in the Multifamily Market. It opens, Though the two government-sponsored enterprises (GSEs)—Fannie Mae and Freddie Mac—are best known for their dominant role in the single-family … Continue reading
April 24, 2015 in Regulation | Permalink | No Comments
Friday’s Government Reports Roundup
The Federal Housing Finance Agency (FHFA) released its results to the Fannie Mae and Freddie Mac Guarantee Fee Review. Following the release, the FHFA announced that the fees would remain the same with modest adjustments. HUD released the 2009-2011 National … Continue reading
April 24, 2015 in Regulation | Permalink | No Comments
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