February 5, 2018
Trump Wins Another Round in CFPB Fight
Judge Gardephe (SDNY) ruled against the Lower East Side People’s Federal Credit Union in their suit against President Trump and Mick Mulvaney over the control of the Consumer Financial Protection Bureau. (Case 1:17-cv-09536-PGG, filed February 1, 2018) Trump has sought … Continue reading
February 5, 2018 in Regulation | Permalink | No Comments
February 1, 2018
An Independent CFPB
The United States Court of Appeals for the District of Columbia, sitting en banc, upheld the constitutionality of the structure of the Consumer Financial Protection Bureau in PHH Corporation v. CFPB, No. 15-1177 (Jan. 31, 2018). There has been a … Continue reading
February 1, 2018 in Regulation | Permalink | No Comments
January 31, 2018
What Housing Finance Reform May Look Like
Senate Staff Discussion Draft #29 of the much discussed housing finance reform bill has just seen light of day. The purpose clause of the draft gives an overview of what the drafters are trying to accomplish: to offer a … Continue reading
January 31, 2018 in Regulation | Permalink | No Comments
January 29, 2018
Bringing Housing Finance Reform over the Finish Line
The Milkin Institute have released Bringing Housing Finance Reform over the Finish Line. It opens, The housing finance reform debate has once again gained momentum with the goal of those involved to move forward with bipartisan legislation in 2018 that results … Continue reading
January 29, 2018 in Regulation | Permalink | No Comments
January 26, 2018
Trump and the Regulation of Real Estate
I have posted my article, The Trump Administration and Residential Real Estate Finance, which just came out in Westlaw Journal Derivatives to SSRN (and also to BePress). The abstract reads, An executive order titled “Reducing Regulation and Controlling Regulatory Costs” … Continue reading
January 26, 2018 in Regulation | Permalink | No Comments
January 25, 2018
Credit Risk Transfer and Financial Crises
Susan Wachter posted Credit Risk Transfer, Informed Markets, and Securitization to SSRN. It opens, Across countries and over time, credit expansions have led to episodes of real estate booms and busts. Ten years ago, the Global Financial Crisis (GFC), the … Continue reading
January 25, 2018 in Regulation | Permalink | No Comments
January 18, 2018
The FHFA’s Take on Housing Finance Reform
Federal Housing Finance Agency Director Watt sent Federal Housing Finance Agency Perspectives on Housing Finance Reform to Senate Banking Chair Michael Crapo (R-ID) and Senator Sherrod Brown of Ohio, the top Democrat on that committee. There are no real surprises in … Continue reading
January 18, 2018 in Regulation | Permalink | No Comments
