March 8, 2018
Sustainable Housing for FHA Borrowers
Donghoon Lee and Joseph Tracy of the NY Fed have posted a staff report, Long-Term Outcomes of FHA First-Time Homebuyers. It opens, The Commissioner of the Federal Housing Administration (FHA), David Stevens, in remarks delivered on December 12, 2009, defined the purpose of … Continue reading
March 8, 2018 in Regulation | Permalink | No Comments
March 6, 2018
Mortgage Insurers and The Next Housing Crisis
The Inspector General of the Federal Housing Finance Agency has released a white paper on Enterprise Counterparties: Mortgage Insurers. The Executive Summary reads, Fannie Mae and Freddie Mac (the Enterprises) operate under congressional charters to provide liquidity, stability, and affordability … Continue reading
March 6, 2018 in Regulation | Permalink | No Comments
March 2, 2018
The Regulation of Residential Real Estate Finance Under Trump
I published a short article in the American College of Real Estate Lawyers (ACREL) (ACREL) News & Notes, The Regulation of Residential Real Estate Finance Under Trump. The abstract reads, Reducing Regulation and Controlling Regulatory Costs was one of President Trump’s … Continue reading
March 2, 2018 in Regulation | Permalink | No Comments
February 28, 2018
A Fix Already in Place for Housing Finance?
Executives at Pimco, the world’s largest bond fund manager, have posted U.S. Housing Finance Reform: Why Fix What Isn’t Broken? I think their analysis is interesting, but seriously flawed: The topic of housing finance reform has come in and out of … Continue reading
February 28, 2018 in Regulation | Permalink | No Comments
February 27, 2018
Reducing Enforcement at The CFPB
Mick Mulvaney’s Consumer Financial Protection Bureau has released a Request for Information Regarding Bureau Enforcement Activities (available on the upper right corner of this page), its third in a series of RFIs that seek to dramatically restrict the Bureau’s activities. … Continue reading
February 27, 2018 in Regulation | Permalink | No Comments
February 26, 2018
Housing Affordability and GSE Reform
Jim Parrott and Laurie Goodman of the Urban Institute have posted Making Sure the Senate’s Access and Affordability Proposal Works. It opens, One of the most consequential and possibly promising components of the draft bill being considered in the Senate … Continue reading
February 26, 2018 in Regulation | Permalink | No Comments
February 23, 2018
The Budgetary Impact on Housing Finance
The MIT Golub Center for Finance and Policy has posted some interesting infographics on The President’s 2019 Budget: Proposals Affecting Credit, Insurance and Financial Regulators: The White House released the President’s budget proposal for fiscal year 2019 on February 12, just days … Continue reading
February 23, 2018 in Regulation | Permalink | No Comments
