The Washington Independent

Posts Tagged housing finance

Why FinReg Does Not Handle Fannie and Freddie

By | 05.03.10 | 3:19 pm

Over at the excellent Atlantic Business Channel, Daniel Indiviglio runs through the three major overlooked issues in Sen. Chris Dodd’s (D-Conn.) financial regulatory reform bill that economists and market-watchers flagged for The New York Times. The folks quoted cite credit runs in the shadow-banking sector (in English: old-fashioned More…

New Mortgage-Backed Security Ratings Make Case for Reform

By | 04.30.10 | 1:07 pm

A few weeks ago, Citigroup and the real-estate investment firm Redwood Trust announced they had organized the sale of new mortgage-backed securities. They reported that they had picked 255 high-quality jumbo mortgages — mortgages too big to be backstopped by Fannie Mae and Freddie Mac — issued by More…