June 6, 2014
Frannie Effects on Mortgage Terms
The Federal Reserve’s Alex Kaufman has posted The Influence of Fannie and Freddie on Mortgage Loan Terms to SSRN. It is behind a paywall on SSRN, but an earlier draft is available elsewhere on the web. The abstract reads, This … Continue reading
June 6, 2014 in Regulation | Permalink | No Comments
June 5, 2014
The (R)evolution of Single-Family Rental Securitization
Kroll Bond Rating Agency distributed its Single-Family Rental Securitization Methodology. Because this is a new asset class, it is interesting to watch how rating agency’s assess the risks inherent in it. And it will be interesting, of course, to evaluate … Continue reading
June 5, 2014 in Regulation | Permalink | No Comments
May 30, 2014
Georgia Court Dismisses TILA and RESPA Claims Brought by Plaintiff
The court in deciding Mitchell v. Deutsche Bank Nat’l Trust Co., 2013 U.S. Dist. (N.D. Ga. Sept. 25, 2013) granted the motion to dismiss proffered by the defendant. The first enumerated cause of action in Plaintiffs’ complaint was a claim … Continue reading
May 30, 2014 in Regulation | Permalink | No Comments
May 28, 2014
Reiss on Castro at HUD
Law360 quoted me in Obama Chooses San Antonio Mayor As Next HUD Chief (behind a paywall). It reads in part, President Barack Obama on Friday nominated San Antonio Mayor Julian Castro to be the next secretary of housing and urban … Continue reading
May 28, 2014 in Regulation | Permalink | No Comments
May 27, 2014
Reiss on NY RE Regulation
Law360 quoted me in What’s Up Next In NYC Real Estate Legislation (behind a paywall). It reads in part, New York City lawmakers have introduced a slew of new bills in recent months that could impact commercial real estate owners … Continue reading
May 27, 2014 in Regulation | Permalink | No Comments
May 19, 2014
Foreclosure Review
The US Government Accountability Office issued a report, Foreclosure Review: Regulators Could Strengthen Oversight and Improve Transparency of the Process. GAO did this study because it was asked to examine the amended consent order process relating to foreclosures. This process … Continue reading
May 19, 2014 in Regulation | Permalink | No Comments
May 16, 2014
Wary of FHA HAWKing Mortgage Access
The Federal Housing Administration issued its Access Blueprint: What FHA is Doing to Expand Access to Mortgage Credit for Underserved Borrowers. The blueprint identifies a serious problem: The economic crisis significantly constrained credit making it tough for anyone with less … Continue reading
May 16, 2014 in Regulation | Permalink | No Comments
