October 7, 2013
Post-Bubble Foreclosure-Prevention and -Mitigation Options in Your Town?
Bob Hockett has posted Post-Bubble Foreclosure-Prevention and -Mitigation Options in Seattle. I recommend it to those interested in issues beyond Seattle’s borders because it actually covers foreclosure-prevention and mitigation options across the country, although it looks at them with a … Continue reading
October 7, 2013 in Regulation | Permalink | No Comments
October 2, 2013
Lifting a Shadow from Qualified Residential Mortgages
The self-named Shadow Financial Regulatory Committee of the American Enterprise Institute has issued a statement on The New Qualified Residential Mortgage Rule Proposal. The Shadow Committee argues that agencies promulgating the newest version of the QRM rule completely abandoned the … Continue reading
October 2, 2013 in Regulation | Permalink | No Comments
October 1, 2013
Financial Education: Miles to Go Before We Can Sleep Easily
The CFPB has posted Financial Empowerment Training for Social Service Programs: A Scan of Community-Based Initiatives. The report opens well, with Gail Hillebrand, the Associate Director for Consumer Education and Engagement, noting that Consumers need four things to be financially … Continue reading
October 1, 2013 in Regulation | Permalink | No Comments
September 27, 2013
CFPB Tool Puts HMDA Data on Web
The Consumer Financial Protection Bureau has posted an online tool to make Home Mortgage Disclosure Act (HMDA) data available to consumers in an easy to use format. The Bureau notes that in 2012 there were approximately 18.7million HMDA records from … Continue reading
September 27, 2013 in Regulation | Permalink | No Comments
September 26, 2013
Reiss on Atlantic Yards Litigation
The New York Daily News quoted me in a story, Bruce Ratner Will Have to Pay His Opponents’ Legal Bills: Judge, about the litigation over the construction of the Barclays Center and the other buildings in the Atlantic Yards project. … Continue reading
September 26, 2013 in Regulation | Permalink | No Comments
September 20, 2013
American Dream/American Nightmare
I will be presenting “How Low Is Too Low? The Federal Housing Administration and the Low Down Payment Mortgage” at the 2013 Meeting of the Canadian Law and Economics Association next week in Toronto. I just came back from an … Continue reading
September 20, 2013 in Regulation | Permalink | No Comments
September 19, 2013
Reiss on Fannie/Freddie Loan Limits
Law360 quoted me in Time May Not Be Right To Limit Fannie, Freddie Loans (behind a paywall). It reads in part, The Federal Housing Finance Agency has proposed lowering the maximum size of the loans Fannie Mae and Freddie Mac … Continue reading
September 19, 2013 in Regulation | Permalink | No Comments
