REFinBlog

Editor: David Reiss
Cornell Law School

June 10, 2014

Subprime Scriveners

By David Reiss

Milan Markovic has posted Subprime Scriveners to SSRN. The abstract reads, Although mortgage-backed securities (“MBS”) and other financial products that nearly caused the collapse of the global financial system could not have been issued without attorneys, the legal profession’s role … Continue reading

June 9, 2014

G-Fee Entreaty

By David Reiss

The FHFA has issued a Request for Input about Fannie Mae and Freddie Mac Guarantee Fees. The Request both provides a good explanation of g-fees and poses important questions about their appropriate role in the functioning of the housing finance … Continue reading

June 6, 2014

Frannie Effects on Mortgage Terms

By David Reiss

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 5, 2014

The (R)evolution of Single-Family Rental Securitization

By David Reiss

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

May 30, 2014

Georgia Court Dismisses TILA and RESPA Claims Brought by Plaintiff

By Ebube Okoli

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 28, 2014

Reiss on Castro at HUD

By David Reiss

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 27, 2014

Reiss on NY RE Regulation

By David Reiss

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