January 8, 2014
CFPB’s Regulatory Agenda — Collect More Data!
The Consumer Financial Protection Bureau has published its Semiannual Regulatory Agenda in the Federal Register. Of note are amendments to the Home Mortgage Disclosure Act’s Regulation C. These amendments are in the prerule stage. The Agenda states that HMDA requires … Continue reading
January 8, 2014 in Regulation | Permalink | No Comments
January 7, 2014
Preserving NYC’s Affordable Housing Stock
The housing folks in the De Blasio Administration may want to take a look at a recent article in the Journal of Affordable Housing by Sullivan and Power. Coming Affordable Housing Challenges for Municipalities After the Great Recession (also on … Continue reading
January 7, 2014 in Regulation | Permalink | No Comments
January 6, 2014
A New History of Mortgage Banking — Part Two!
I know, I know, you can’t get enough of this stuff. Yesterday, I noted a couple of highlights from Mortgage Banking in the United States 1870-1940. The last part of the report carefully documents how various players in the urban … Continue reading
January 6, 2014 in Regulation | Permalink | No Comments
January 3, 2014
A New History of Mortgage Banking
Yes, I know, a dry subject for most. But for some nerds, there are lots of insights in Mortgage Banking in the United States 1870-1940. The author, Kenneth Snowden, highlights this finding, which gives more credit to the Federal Farm … Continue reading
January 3, 2014 in Regulation | Permalink | No Comments
January 2, 2014
Reiss on Cases To Watch In 2014
Law360 quoted me in Real Estate Cases To Watch In 2014. The story reads in part, The real estate market’s recovery from the financial crisis of the past few years has created a host of new issues — from contract disputes … Continue reading
January 2, 2014 in Regulation | Permalink | No Comments
December 31, 2013
Reiss in Reuters on Mortgage Investing
Reuters quoted me in Mortgage Bonds Reward Yield-Sensitive Investors, which addresses the future of Fannie and Freddie. It reads in part, Investors who buy mortgage-backed securities from Fannie Mae and Freddie Mac and hold those bonds until they mature will … Continue reading
December 31, 2013 in Regulation | Permalink | No Comments
December 30, 2013
Reiss on New Mortgage Regime
Loans.org quoted me in a story, CFPB Rules Reiterate Current and Future Lending Practices. It reads in part, David Reiss, professor of law at the Brooklyn Law School, said there could be other long-term effects due to this high DTI … Continue reading
December 30, 2013 in Regulation | Permalink | No Comments
