The PLS industry must self-regulate, says Center for Financial Markets WASHINGTON – May 6, 2020 – Eric Kaplan, director of the Milken Institute Center for Financial Market's Housing Finance Program is sounding the alarm on the private-label...

As private-label residential mortgage-backed security (PLS) transactions implement loan payment forbearance options for borrowers impacted by COVID-19, the PLS industry must demonstrate its capacity to self-govern by collaborating on a...

Mr. Robert Fishman Deputy Director Division of Conservatorship Federal Housing Finance Agency (FHFA) 400 7th Street SW, 8th Floor Washington, DC 20219 Re: Request for Input—Fannie Mae and Freddie Mac UMBS Pooling Practices Dear Deputy...

California has long had a shortage of affordable housing, most notably along the coast, around universities and research centers, and where booming local economies reflect the entrepreneurial culture for which the state is famous. However...

Cities are ground zero for the demographic shift that is changing America and the world, and city leaders are just beginning to understand the promise of an engaged older population. The urban landscape already holds resources—human...

Several housing finance reform models, including the Treasury and HUD plans recently issued at the direction of the White House, support an expanded role for Ginnie Mae in the future housing finance system. Understanding Ginnie Mae’s...

The Honorable Kathleen L. Kraninger Director Consumer Financial Protection Bureau 1700 G Street, NW Washington, DC 20552 Re: Docket No. CFPB-2019-0039; RIN 3170-AA98; Advance Notice of Proposed Rulemaking on the Qualified Mortgage...

Housing finance program director Eric Kaplan says "The ramifications of these plans ... cannot be overstated." WASHINGTON, September 5, 2019—The U.S. Department of the Treasury (Treasury) and Department of Housing and Urban Development (HUD...

Ted Tozer, Senior Fellow in the Housing Finance Program at the Milken Institute Center for Financial Markets, presents in his written testimony before the U.S. House of Representatives Committee on Financial Services Subcommittee Housing...

In many US cities, concentrated poverty and chronic disinvestment have resulted in wide social, economic, and geographic disparities. More recently, these same city centers are being revitalized – and as rents outpace wage growth, quality...