Among the most dominant issues in any news cycle are housing policy, real estate finance, and consumer protection. As a leading authority in these and other areas, Professor David Reiss is regularly called upon to share his expertise, appearing in approximately 70 prominent news stories in the past year.
Among the most recent mentions:
- • In a Christian Science Monitor article this week, Professor Reiss commented on a new Census Bureau report on “poverty areas,” defined as any census tract with a poverty rate of 20 percent of more. One in four Americans lives in these areas, according to the report, signifying an uptick in numbers since 2000. Professor David Reiss suggests that changes to homeownership policies could help offset the trend: “Federal and state housing programs could do more to support a market for well-maintained rental units for low-income households.”
- • The Orlando Sentinel sought his perspective on a recent dispute between the local city government and a small local church. Professor Reiss noted that “local governments have a long history of using eminent domain in black communities, from so-called ‘slum clearance’ to ‘urban renewal’ to ‘blight removal.’”
- • In MainStreet, Professor Reiss spoke about the housing market’s newest challenge: a growing shift to away from home ownership and toward long-term renting. The rise in renting will create a ripple effect, he said: “If renting remains a popular choice, it will certainly have an impact on the broader economy starting with the home building industry. There would be a move away from single-family construction to multi-family.”
A leading source for real estate finance news is Professor Reiss’s own REFinblog, a collaborative effort with Professor Brad Borden that tracks the latest law and practice developments. The much-needed service sorts through dozens of industry newsletters, blogs, and listservs, extracting and analyzing the most relevant content. REFinblog was recently added to the Law Professors Blogs, a primary network for legal news.
“Not since the Great Depression and the New Deal has the housing sector faced such turmoil as well as opportunity,” Professor Reiss said. “The decisions being made today by elected officials, regulators, and industry executives will likely shape the nation’s housing for decades to come. REFinblog seeks to inform and shape that debate with timely commentary on the issues of the day.”
Professor Reiss’s other publications address issues related to the secondary mortgage markets, predatory lending, and housing policy. In 2006, the American College of Consumer Financial Services Lawyers selected “Subprime Standardization: How Rating Agencies Allow Predatory Lending to Flourish in the Secondary Mortgage Market,” published in the Florida State University Law Review, as the best article on a topic dealing with consumer financial services law.
In addition to teaching a Property Law Colloquium, Professor Reiss is the founding director of the Community Development Clinic. He is actively involved within the Law School community, currently chairing the Entry-Level Appointments Committee.
Before joining Brooklyn Law School, he was a visiting clinical associate professor at the Seton Hall Law School Center for Social Justice. Previously, he was an associate in the New York office of Paul, Weiss, Rifkind, Wharton & Garrison in its real estate department, and an associate in the San Francisco office of Morrison & Foerster in its land use and environmental law group. He also clerked for Judge Timothy Lewis of the U.S. Court of Appeals for the Third Circuit. Prior to attending law school, he worked for a non-profit organization that assists people who have psychiatric disabilities as they make the transition from shelters and hospitals to independent living.
Experience the Community Development Clinic with Professor Reiss.