January 15, 2015
GSE Conservatorship History Lesson
Mark Calabria, the Director of Financial Regulation Studies at the Cato Institute, has posted a very interesting paper, The Resolution of Systemically Important Financial Institutions: Lessons from Fannie and Freddie. This is a more formal version of what he presented … Continue reading
January 15, 2015 in Regulation | Permalink | No Comments
January 14, 2015
Reiss on New Mortgage Tool
Tech News World quoted me in CFPB Shifts Some Power to Mortgage Shoppers. The story reads in part, The Consumer Financial Protection Bureau on Tuesday introduced Owning a Home, a set of online tools designed to make it easier for … Continue reading
January 14, 2015 in Regulation | Permalink | No Comments
January 13, 2015
Housing Subsidies For Those Who Need Them
The National Low Income Housing Coalition has posted Aligning Federal Low Income Housing Programs with Housing Need. The Executive Summary goes right to the heart of the matter: The number of renters in the United States has steadily increased since … Continue reading
January 13, 2015 in Regulation | Permalink | No Comments
January 9, 2015
S&P’s Upbeat Outlook on Mortgage Market
S&P posted U.S. RMBS Roundtable: Mortgage Origination And Securitization In The Post-Qualified Mortgage/Ability-To-Repay Market. The roundtable discussion offers views on many aspects of the 2015 mortgage market, but I found this passage to be particularly interesting: Originators agreed loans that … Continue reading
January 9, 2015 in Regulation | Permalink | No Comments
January 8, 2015
Reiss on Drop in FHA Premium
Law360 quoted me in FHA Premium Cut Sets Up Fight Over Future Of Housing (behind a paywall). It reads in part, President Barack Obama’s plan to lower premiums on Federal Housing Administration insurance has rekindled a battle with Republicans over … Continue reading
January 8, 2015 in Regulation | Permalink | No Comments
January 7, 2015
Housing Finance Reform at the AALS
The Financial Institutions and Consumer Financial Services Section and the Real Estate Transactions section of the American Association of Law Schools hosted a joint program at the AALS annual meeting on The Future of the Federal Housing Finance System. I … Continue reading
January 7, 2015 in Regulation | Permalink | No Comments
January 6, 2015
Reiss on Payday Lending Regs
CRM Buyer quoted me in CFPB May Rein In Payday Lending. The story opens, The Consumer Financial Protection Bureau is considering various approaches to reforming the payday loan industry, The Wall Street Journal reported on Sunday. The bureau is concerned … Continue reading
January 6, 2015 in Regulation | Permalink | No Comments
