Center for Community Progress

AUGUST 17, 2023

The Detroit Land Bank Authority (DLBA) is the nation’s largest land bank, with over 75,000 properties in its inventory as of 2022. One facet of the legislation stipulated that Michigan land banks must be created by intergovernmental collaboration between a county and the state land bank. Why are there so many land banks in Michigan?

Legislation 98

Legislation Laws Local Government Housing 98

The Stoop (NYU Furman Center)

NOVEMBER 11, 2024

By 2022, the NMS industry had grown to command 54 percent of the servicing market, with expectations for further share growth. A focus on MBS securitized through the smaller Ginnie Mae can follow later, as legislation would likely be required.) I find these recommendations lacking for four main reasons.

Regulations 64

Regulations Legislation Operations Implementation 64

Center for Community Progress

AUGUST 30, 2022

On August 5 th , 2022, Community Progress and forty-three supporting organizations across the country submitted a public comment calling for the modernized Community Reinvestment Act to center racial equity and embed land banking strategies. You can read our comment here.

Regulations 52

Regulations Advocacy Legislation Engagement 52

The Stoop (NYU Furman Center)

MARCH 11, 2024

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System.

Regulations 59

Regulations Housing Legislation Community Development 59

The Stoop (NYU Furman Center)

MARCH 10, 2023

The FHFA then indicated that it ended this delay and began to employ the newer, higher capital requirement approach beginning in 2022. Individual GSE public financial disclosures do, however, indicate there may have been a modest increase during 2022 (i.e., What about the average G-fee in 2022? percent to 0.49

Press Release 52

Press Release Housing Regulations Implementation 52

The Stoop (NYU Furman Center)

FEBRUARY 18, 2025

Counter the so-called “deep state” by eliminating GSE programs which were approved by government officials without clear authorization from congressional legislation. 11] While one can see a lot of support for this pricing policy in the industry and among working families, this was done without any specific legislative authority.

Housing 52

Housing Legislation Policy Objective Implementation 52