From the Blog
Dodd-Frank: Can we really calculate the cost?
American Banker recently called for an analysis of the economic impacts of the Dodd-Frank Act. While we welcome the call for an empirical assessment of regulatory impact, a single number or set of numbers cannot quantify the impact of a complicated law on a complex system. Read More
Settling debts with other people's money: Use of investor funds in lender settlements
As part of their $25 billion settlement in 2012 of lending abuse claims, five of the nation's largest banks are given credit for modifying loans that they serviced but that were actually owned by investors. How much of the settlement was paid with "other people's money" and why do the investors care? Read More
Is student debt hindering homeownership?
Since 2004, student loan debt has tripled to $1.1 trillion, while homeownership among young adults is down. Are these two trends connected? Read More
Is residual income the key to superior performance of VA loans?
The VA's residual income test might be keeping default rates on its insured loans much lower than default rates on FHA insured loans. Adopting this test could help the FHA and lenders better assess whether potential borrowers are able to pay a mortgage. Read More
Senate GSE Reform: What we learned from Johnson-Crapo
On Jim Parrott, Ellen Seidman, and Laurie Goodman discuss the consensus that emerged around GSE reform, the fault lines in the Senate negotiations, where reform stands now, and the consequences of further action or inaction in the coming months. Read More
Move over Freddie Mac: Ginnie Mae will be number 2 soon
We expect Ginnie Mae to overtake Freddie Mac in about a year as the second largest single-family mortgage securitization platform. What's behind the success? Read More
Read more housing finance blog posts on our website.