March 27, 2015

Friday’s Government Reports Roundup

By Shea Cunningham

CFPB releases report of KPMG audit of its operations and budget. In the report, CFPB agrees with KPMG’s findings about control deficiencies and is aiming to fix such deficiencies. FHFA releases report on progress of Fannie/Freddie Conservatorships in advancing access … Continue reading

March 25, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Regional Redistribution Through the U.S. Mortgage Market, by Erik Hurst, Benjamin J. Keys, Amit Seru and Joseph Vavra, NBER Working Paper No. w21007. Will the Bubble Burst Be Revisited, by P.D. Aditya, March 8, 2015. Data & Civil Rights: Housing … Continue reading

March 11, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Countercyclical Regulation and Its Challenges, by Patricia A. McCoy, Boston College Law School Legal Research Paper No. 351. Low-Income Housing Tax Credit Developments and Neighborhood Property Conditions, Kelly D. Edmiston, February 20, 2015. First Principles for Regulating the Sharing Economy, … Continue reading

February 23, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

Federal judge reprimands Wells Fargo for forged mortgage documents in connection with foreclosure in NY. Goldman Sachs, among others, argues to SDNY that it was wrongfully included in litigation over requiring mortgage customers to purchase force-placed insurance and taking kickbacks. … Continue reading

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February 23, 2015 in Foreclosures | Permalink | No Comments

September 30, 2014

Cool Mortgage Tool

By David Reiss

The Urban Institute has created a cool interactive tool to map mortgages in the United States. Enterprise describes the tool as follows: it maps 12 years of data on more than 100 million mortgage originations throughout the U.S. by race … Continue reading

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September 30, 2014 in Foreclosures | Permalink | No Comments

September 17, 2014

Foreclosure Mitigation Counseling Works

By David Reiss

The Urban Institute published a study, National Foreclosure Mitigation Counseling Program Evaluation Final Report, Rounds 3 Through 5, that it prepared for NeighborWorks® America. The executive summary notes that The National Foreclosure Mitigation Counseling (NFMC) program is a special federal … Continue reading

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September 17, 2014 in Foreclosures | Permalink | No Comments

July 25, 2014

California Court Denies Plaintiffs’ Claims for Breach of Express Agreements, Breach of Implied Agreements, Slander of Title, Wrongful Foreclosure, and Violations of California Civil Codes

By Ebube Okoli

The court in deciding Zapata v. Wells Fargo Bank, N.A., 2013 U.S. Dist. (N.D. Cal. Dec., 2013) dismissed the plaintiff’s action for failure to state a claim. This action boiled down to an attempt made by the plaintiff to avoid … Continue reading