July 9, 2014
Input on Housing Counseling
HUD has issued a Notice, Federal Housing Administration (FHA): Homeowners Armed With Knowledge (HAWK) for New Homebuyers (Docket No. FR-5786-N-01). HAWK is a pilot that will provide FHA insurance pricing incentives to first-time homebuyers who participate in housing counseling and … Continue reading
July 9, 2014 in Regulation | Permalink | No Comments
July 8, 2014
Independent Foreclosure Review: Case Closed?
The Federal Reserve Board issued its Independent Foreclosure Review. By way of background, Between April 2011 and April 2012, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (“Federal Reserve”), and … Continue reading
July 8, 2014 in Regulation | Permalink | No Comments
July 7, 2014
Servicer Safety & Soundness and Consumer Protection
The FHFA’s Inspector General issued an audit, FHFA Actions to Manage Enterprise Risks from Nonbank Servicers Specializing in Troubled Mortgages. The audit identified two major risks in the current environment: Using short-term financing to buy servicing rights for troubled mortgage … Continue reading
July 7, 2014 in Regulation | Permalink | No Comments
July 1, 2014
Reiss in CSM on Rental Policy
The Christian Science Monitor quoted me in Census Outlines ‘Poverty Areas’: Which States Hit Hardest? It reads in part, The number of US residents living in “poverty areas” has jumped significantly since 2000, according to a Census Bureau report released … Continue reading
July 1, 2014 in Regulation | Permalink | No Comments
June 30, 2014
Mortgage Market Trending in the Right Direction, but . . .
The Office of the Comptroller of the Currency (OCC) released its OCC Mortgage Metrics Report, First Quarter 2014. the report is a “Disclosure of National Bank and Federal Savings Association Mortgage Loan Data,” and it “presents data on first-lien residential … Continue reading
June 30, 2014 in Regulation | Permalink | No Comments
June 27, 2014
Urban Reviewer: NYC’s Neighborhood Plans
NYC land use geeks will want to check out the Urban Reviewer. From its website, The City of New York has adopted over 150 master plans for our neighborhoods. You can see which areas have been affected and what those … Continue reading
June 27, 2014 in Regulation | Permalink | No Comments
June 26, 2014
State of the Nation’s Housing Finance
The Joint Center for Housing Studies of Harvard University has released the 2014 edition of The State of the Nation’s Housing. As to the nation’s housing finance system, the report finds that The government still had an outsized footprint in … Continue reading
June 26, 2014 in Regulation | Permalink | No Comments
