June 12, 2014
Promoting Affordable Housing, and the Winner Is . . .
I had blogged about a competition to generate ideas to lower the cost of affordable housing, the Minnesota Challenge to Lower the Cost of Affordable Housing. I was pretty excited about this challenge and was happy to see that a … Continue reading
June 12, 2014 in Regulation | Permalink | No Comments
June 10, 2014
Subprime Scriveners
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 10, 2014 in Regulation | Permalink | No Comments
June 9, 2014
G-Fee Entreaty
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 9, 2014 in Regulation | Permalink | No Comments
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