Home      Login

Abstract: 

Legal and policy developments in residential housing with their genesis in the financial crisis of 2008 continue nearly a decade later. This column summarizes some of the more important developments in housing law and policy that took place in the summer of 2017, which relate primarily to Fannie Mae and Freddie Mac, the two large government sponsored entities (GSEs) that insure and purchase mortgages. They indicate that housing law and policy are still very active areas, and to some extent uncertain—both at the highest-levels of macroprudential policy and in the minutiae of disclosure calculations.

Keywords: FHFA-OIG whitepaper, government sponsored entities (GSEs), foreclosure prevention, stress testing, mortgage disclosure rules

Affiliations:  1: Journal of Taxation & Regulation of Financial Institutions.