March 25, 2015
Frannie Conservatorships: What A Long, Strange Trip It’s Been
The Federal Housing Finance Agency Office of Inspector General has posted a White Paper, FHFA’s Conservatorships of Fannie Mae and Freddie Mac: A Long and Complicated Journey. This White Paper on conservatorships updates a first one that OIG published in … Continue reading
March 25, 2015 in Regulation | Permalink | No Comments
Wednesday’s Academic Roundup
Regional Redistribution Through the U.S. Mortgage Market, by Erik Hurst, Benjamin J. Keys, Amit Seru and Joseph Vavra, NBER Working Paper No. w21007. Will the Bubble Burst Be Revisited, by P.D. Aditya, March 8, 2015. Data & Civil Rights: Housing … Continue reading
March 25, 2015 in Regulation | Permalink | No Comments
March 24, 2015
Transferring Risk from Fannie & Freddie
The Federal Housing Finance Agency has posted its FHFA Progress Report on the Implementation of FHFA’s Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac. As its name suggests, it provides a progress report on a range of … Continue reading
March 24, 2015 in Regulation | Permalink | No Comments
March 23, 2015
Another Fannie/Freddie Bailout?
The Federal Housing Finance Agency Office of the Inspector General has issued a White Paper Report, The Continued Profitability of Fannie Mae and Freddie Mac Is Not Assured. The Executive Summary opens, Fannie Mae and Freddie Mac (collectively, the Enterprises) … Continue reading
March 23, 2015 in Regulation | Permalink | No Comments
Monday’s Adjudication Roundup
Court denies US Bank’s opportunity to revive suit against Citigroup over hundreds of millions of dollars in mortgage-backed securities sold during the financial crisis. IL court refuses to dismiss suit against Bank of America over lowering underwriting standards for borrowers … Continue reading
March 23, 2015 in Regulation | Permalink | No Comments
March 18, 2015
Wednesday’s Academic Roundup
Cohousing: An Idea for the Modern Age, by Nancy J. White & Charly Loper, February 18, 2015. Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession, by Aaron Hedlund, February 23, 2015. Have Distressed Neighborhoods … Continue reading
March 18, 2015 in Regulation | Permalink | No Comments
March 17, 2015
CFPB Mortgage Supervision Highlights
The Consumer Financial Protection Bureau issued its Supervisory Highlights for Winter 2015. The highlights include a section on Mortgage Origination and “largely focuses on Supervision’s examination findings and observations from July 2014 to December 2014.” (9) The headings of this … Continue reading
March 17, 2015 in Regulation | Permalink | No Comments
