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
May 14, 2014
Watt’s up with Fannie and Freddie
There has been a lot of press coverage of FHFA Director Watt’s first public speech since taking on his job. Watt emphasized that we must ensure that Fannie Mae and Freddie Mac operate in a safe and sound manner. It … Continue reading
May 14, 2014 in Regulation | Permalink | No Comments
May 13, 2014
Reiss on High Loan Fees
CRM Buyer quoted me in On-Premises Banks Stick It to Walmart Customers. It opens, Walmart customers who use the banking services provided inside the chain’s stores are among the highest payers of fees — especially overdraft fees — in the … Continue reading
May 13, 2014 in Regulation | Permalink | No Comments
May 12, 2014
Reiss on FHFA Leadership of Housing Finance Reform
Law360.com quoted me in FHFA Set To Take The Lead In Housing Finance Reform (behind a paywall). It reads in part, With hopes for a legislative fix for the U.S. housing finance market fading after six key Democrats reportedly refused … Continue reading
May 12, 2014 in Regulation | Permalink | No Comments
May 7, 2014
Rebirthing NYC Neighborhoods
One can imagine Mayor de Blasio thinking about his ambitious housing plan with one voice saying “Density!” over one shoulder and another voice saying “Preservation!” over the other. But which voice is the angel’s and which is the devil’s? Peter … Continue reading
May 7, 2014 in Regulation | Permalink | No Comments
May 6, 2014
Reiss on de Blasio Housing Plan
Law360.com quoted me in Developers, Attys Embrace De Blasio’s $41B Housing Plan (behind a paywall). It reads in part, Real estate attorneys and their developer clients are cautiously optimistic about New York City Mayor Bill de Blasio’s new affordable housing … Continue reading
May 6, 2014 in Regulation | Permalink | No Comments
