REFinBlog

Editor: David Reiss
Cornell Law School

November 18, 2013

Fannie and Freddie in Play?

By David Reiss

Bill Ackman’s Pershing Square Capital Management LP has joined Bruce Berkowitz’s Fairholme Capital Management LLC in seeking to privatize Fannie Mae and Freddie Mac.  News reports indicate that Pershing Square owns about ten percent of the common shares of each … Continue reading

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November 18, 2013 in Regulation | Permalink | No Comments

November 8, 2013

Reiss on Risk Management

By David Reiss

Law360.com interviewed me in Banks Caught In Middle Of Regulators’ Fair-Lending Pursuits (behind a paywall).  The article reads in part, Federal and state regulators are increasingly enlisting banks in their pursuit of fair-lending and other violations at payday and auto … Continue reading

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November 8, 2013 in Regulation | Permalink | No Comments

November 7, 2013

Affordable Housing in the De Blasio Era

By David Reiss

Mayoral candidate de Blasio’s position on affordable housing policy can be found here. The key points include: Require developers to build some affordable housing when they build in neighborhoods that have been upzoned (mandatory inclusionary zoning) Direct $1 billion in … Continue reading

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November 7, 2013 in Regulation | Permalink | No Comments

November 6, 2013

Reiss on Mayor De Blasio’s Plans for Mandatory Inclusionary Zoning

By David Reiss

Law360.com interviewed me about Mayor-Elect de Blasio’s plans for mandatory inclusionary zoning in NYC Real Estate Faces Less Friendly Market Under De Blasio (behind a paywall). It reads in part: One of the biggest and most controversial pieces of de … Continue reading

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November 6, 2013 in Regulation | Permalink | No Comments