February 27, 2014
Reiss on Marketplace: Cash Cows to Slaughter
I was interviewed on Marketplace for its story, Fannie and Freddie: Cash Cows Avoid The Slaughter? (sound file) The text of the story reads We are making money – the tax payer, that is – on Fannie and Freddie Mac. … Continue reading
February 27, 2014 in Regulation | Permalink | No Comments
February 26, 2014
Subprime Mortgage Conundrums
Joseph Singer has posted Foreclosure and the Failures of Formality, or Subprime Mortgage Conundrums and How to Fix Them (also on SSRN). Singer writes, One of the striking features of the subprime era is that banks acted without adequate regard … Continue reading
February 26, 2014 in Regulation | Permalink | No Comments
February 24, 2014
Long-Term Homeownership Affordability
Amnon Lehavi has posted Can the Resale Housing Market Be Split to Facilitate Long-Term Affordability? to SSRN. The paper argues that a comprehensive affordable housing policy requires the formal splitting of the homeownership market into (at least) two distinct segments: … Continue reading
February 24, 2014 in Regulation | Permalink | No Comments
February 20, 2014
Reiss on Mortgage Availability
The Consumer Eagle quoted me in Will Mortgages be Harder to Get in 2014? It reads in part, David Reiss, Professor of Law at Brooklyn Law School, also sees some benefit in more conservative guidelines. “The QM rules and ability-to-repay … Continue reading
February 20, 2014 in Regulation | Permalink | No Comments
February 14, 2014
Federalizing Monoline Mortgage Insurance
The Federal Insurance Office of the Department of Treasury issued a report required pursuant to Dodd-Frank, How To Modernize And Improve The System Of Insurance Regulation In The United States, which addresses among other things the state of the monoline … Continue reading
February 14, 2014 in Regulation | Permalink | No Comments
February 13, 2014
Reiss on BK Live!
The BK Live segment on Mortgage Inequities in Brooklyn has been posted to the web. Mark Winston Griffith (Brooklyn Movement Center Executive Director), Alexis Iwaniszie (New Economy Project) and I discuss mortgage inequities and how they effect Brooklyn (and beyond). … Continue reading
February 13, 2014 in Regulation | Permalink | No Comments
February 12, 2014
Reiss on Mortgage Inequities
I will be appearing on a segment on BK Live on BRIC , the Brooklyn Public Network, about “Mortgage Inequities/Fair Housing in Brooklyn” on Thursday, February 13th at noon (running again at 2pm, 8pm, 9pm and 10pm (Cablevision Ch 69, … Continue reading
February 12, 2014 in Regulation | Permalink | No Comments
