How The Dodd-Frank Act Will Bring New Stability
WORD ON THE STREET: With the passage of the Dodd-Frank Act, it is extremely important that all of us take the time to...
Reviving Housing And Shrinking Subsidies
WORD ON THE STREET: We have all suffered through the worst collapse in housing prices since the 1930s, and the situation we face...
The Need For Qualitative Easing
WORD ON THE STREET: The reason that the recent efforts at quantitative easing by the Federal Reserve have not had the expected results,...
Julia Gordon Makes The Case For Judicial Rewrites
WORD ON THE STREET: Our country's well-established system for handling problems related to consumer debt is bankruptcy court. The availability of this remedy...
Can A Case Be Made For Private Mortgage Insurance?
WORD ON THE STREET: Private mortgage insurance has long played an important role in facilitating homeownership, and has recently provided an element of...
Bair: The Return Of The Stabilization Market Must Be Sustainable
WORD ON THE STREET: The economy is now recovering, but progress is slow, and the effects of the recession - including high unemployment...
CRA Reform Needs To Involve CDFIs
WORD ON THE STREET: Over the past two-plus years, the Community Reinvestment Act (CRA) has been under unfair assault by those who wish...
The Office Of Financial Research, As Explained By Treasury’s Neal Wolin
WORD ON THE STREET: In drafting the Dodd-Frank Act, Congress recognized that better information and analysis will be critical to the success of...
The Evolution Of Mortgage Fraud
WORD ON THE STREET: I was living in Atlanta in the summer of 1996 when I first became aware of mortgage fraud. Houses...
Seeking A New Analytical Consistency With CRA
WORD ON THE STREET: Overall, Community Reinvestment Act (CRA) implementation effectively suffers from covering an ever-decreasing share of mortgage and financial services markets...
Explicit Versus Implicit: What’s In A Guarantee?
WORD ON THE STREET: As I stated in my testimony in May before the House Subcommittee on Capital Markets, the main purpose in...
The Challenges Faced By Credit Unions
WORD ON THE STREET: These difficult economic times have required the National Credit Union Administration (NCUA) to intensify its diligent oversight and rigorous...
The Consequences Of Too-Big-To-Fail On Community Banks
WORD ON THE STREET: Over the past 20 years, as the banking industry has consolidated into fewer and larger banks, a perennial question...
Putting An End To Too-Big-To-Fail
WORD ON THE STREET: The new Financial Stability Oversight Council is directed to make recommendations to the Federal Reserve's Board of Governors 'concerning...
Fannie CEO Addresses FC Prevention, Book Of Business
WORD ON THE STREET: As we approach the second anniversary of the September 2008 global financial crisis, I'd like to give you my...
The Obama Administration Defends The Dodd-Frank Act
WORD ON THE STREET: President Obama inherited an economic and financial crisis more severe than any president since Franklin Roosevelt. The president responded...
Iowa’s Banking Superintendent Weighs In On CRE Liquidity Challenges
WORD ON THE STREET: The weakening of the U.S. economy has created a difficult environment for banks of all sizes. Banks are a...
Ideas For Strengthening The VA Loan-Guaranty Program
WORD ON THE STREET: The Department of Veterans' Affairs' (VA) loan-guaranty program is unique in the mortgage lending industry, in that it allows...
Putting The Mortgage Industry On Solid Ground
WORD ON THE STREET: After many months of recession and job losses, the economy is beginning to recover. Though substantial uncertainties remain, we are...
Giving Credit Where It Is Due…Literally
WORD ON THE STREET: In recent months, when I have spoken to bankers who say they are reluctant to extend new credit or to...