REFinBlog

Editor: David Reiss
Brooklyn Law School

November 20, 2013

Reiss on $13B JPMorgan Settlement in CSM

By David Reiss

The Christian Science Monitor quoted me in JPMorgan Chase settles. Is $13 billion for role in mortgage crisis fair? The story reads in part, The settlement does not, however, release any individuals within JPMorgan from further criminal or civil charges. … Continue reading

November 15, 2013

Reiss on Fannie and Freddie Buyout

By David Reiss

Law360 quoted me in Fairholme Changes The Game For Fannie And Freddie (behind a paywall).  It reads in part, Fairholme Capital Management LLC’s plan to buy Fannie Mae’s and Freddie Mac’s insurance businesses will likely turn out to be more … Continue reading

August 8, 2013

Underwater Mortgages Eminent Domain Battle Gears up

By David Reiss

I was quoted in a recent story in www.thestreet.com, Eminent Domain Mortgage Battle Is a Lose-Lose Situation.  It reads in part, The move by Richmond, Calif., to seize “underwater mortgages” from private investors using its powers of eminent domain has drawn … Continue reading

May 9, 2013

FIRREA Flies

By David Reiss

Law360 interviewed me about the federal government’s continuing reliance on FIRREA in Prosecutors Get Last Laugh In $1B BofA Fraud Case (behind a paywall): A controversial legal theory at the heart of a $1 billion mortgage fraud suit against Bank … Continue reading

May 7, 2013

Reiss on FIRREA!

By David Reiss

Law360 quoted me in a story, Rakoff Ruling In $1B BofA Case May Halt DOJ Hot Streak, that reflects some judicial skepticism about the federal government’s broad reading of FIRREA: Prosecutors have seized on an obscure 1989 law to launch … Continue reading

March 11, 2013

Reiss on Booming Structured Finance Litigation

By David Reiss

Law360 interviewed me about the boom in structured finance litigation arising from the Financial Crisis (here, behind a paywall): banks will not be able to let their guard down anytime soon, thanks to the U.S. Department of Justice’s rediscovery of … Continue reading

February 12, 2013

More on The DoJ’s S&P Lawsuit

By David Reiss

Law360 interviewed me and others about the reliance on FIRREA in the Department of Justice’s complaint (story available here).