May 9, 2019
Financing The American Dream
I published Financing The American Dream in the May/June 2019 issue of the ABA’s Probate & Property magazine. it opens, Two movie scenes can bookend the last hundred years of housing finance. In Frank Capra’s It’s a Wonderful Life (RKO … Continue reading
May 9, 2019 in Ginnie Mae | Permalink | No Comments
March 12, 2018
Nonbanks and The Next Crisis
Researchers at the Fed and UC Berkeley have posted Liquidity Crises in the Mortgage Markets. The authors conclusions are particularly troubling: The nonbank mortgage sector has boomed in recent years. The combination of low interest rates, well-functioning GSE and … Continue reading
March 12, 2018 in Ginnie Mae | 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 Ginnie Mae | Permalink | No Comments
October 16, 2017
The Next Taxpayer Bailout for the Mortgage Market?
The HUD Office of the Inspector General issued an audit on Nonbank Oversight by Ginnie Mae. This audit is one of those dry government documents that contain whispers of crises to come. The worrisome sentence is buried at … Continue reading
October 16, 2017 in Ginnie Mae | Permalink | No Comments
September 9, 2015
Better to Be a Banker or a Non-Banker?
The Community Home Lenders Association (CHLA) has prepared an interesting chart, Comparison of Consumer and Financial Regulation of Non-bank Mortgage Lenders vs. Banks. The CHLA is a trade association that represents non-bank lenders, so the chart has to be read in … Continue reading
September 9, 2015 in Ginnie Mae | Permalink | No Comments
April 13, 2015
Reiss on Mortgage Lingo
MainStreet.com quoted me in 10 Terms of Mortgage Industry Lingo for Potential Homeowners to Learn. It reads, in part, The mortgage industry is no different from the rest of the financial or tech world and is fraught with odd terminology, tons … Continue reading
April 13, 2015 in Ginnie Mae | Permalink | No Comments
October 9, 2014
A Framework For Housing Finance
The Government Accountability Office has released Housing Finance System: A Framework for Assessing Potential Changes. The GAO writes, To help policymakers assess various proposals for changing the single-family housing finance system and consider ways in which the system could be … Continue reading
October 9, 2014 in Ginnie Mae | Permalink | No Comments
