REFinBlog

Editor: David Reiss
Brooklyn Law School

A Member of the Law Professor Blogs Network

May 18, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

The Financial Industry Regulatory Authority (FINRA) has ordered Goldman Sachs to pay National Australia Bank $100 million over $80 million in collateralized debt obligations. US Bank escapes liability under the False Claims Acts for filing FHA insurance claims without complying … Continue reading

May 14, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

City lab’s analyzes why Billionaires Don’t Pay Taxes in New York, concludes that recent housing boom has been in the “ultralux” market and that the owners pay a fraction of their share due to a tax code that shifts the … Continue reading

May 13, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Section 1031 Exchanges: Death of a Related-Party Exchange – Did ‘Butler’ Do It?, by Bradley T. Borden & Alan S. Lederman, Daily Tax Report Journal, Vol. 75, No. 1, 2015. The Future of Fannie and Freddie, by Mark A. Calabria, … Continue reading

May 11, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

The United States Supreme Court holds that debtors do not have an absolute right to appeal a denial of a proposed bankruptcy plan (mentioned in April 6 post). Maryland federal judge approves settlement between CFPB and Genuine Title and participants … Continue reading

May 4, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Ocwen and Assurant settle with homeowners for $140 million in class action suit, in which the homeowners alleged that Ocwen received kickbacks by inflating premium costs for forced-placed insurance. New York’s Appellate Division, First Department, affirmed dismissal of suit against … Continue reading

April 27, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Quicken Loans Inc. filed a complaint against the Justice Department and the U.S. Department of Housing and Urban Development claiming that they tried to get Quicken to make false admissions during a settlement. The Government in turn sued Quicken under … Continue reading

April 20, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Former Freddie Mac executives, who were accused of lying about Freddie’s exposure to subprime mortgages before the financial crisis, settled with the SEC. Citibank shareholders slam the Bank’s motion to dismiss a case over mortgage-backed securities worth more than $17 … Continue reading