REFinBlog

Editor: David Reiss
Brooklyn Law School

A Member of the Law Professor Blogs Network

August 18, 2015

Tuesday’s Regulatory & Legislative Round-Up

By Serenna McCloud

The Consumer Financial Protection Bureau has launched an Online Guide for Real Estate Professionals to understand their obligations under the new “Know Before You Owe” mortgage disclosure rules, which become effective October 3, 2015.  The Know Before You Owe mortgage initiative … Continue reading

August 13, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

The Institute of Housing Studies at DePaul University has issued a report analyzing foreclosure activity which finds that foreclosures are down in the Chicago area in 2014.  The report also finds that mortgage activity remains low while investor buyers have … Continue reading

August 3, 2015

Foreclosures & Credit Card Debt

By David Reiss

Paul S. Calem, Julapa Jagtiani and William W. Lang have posted Foreclosure Delay and Consumer Credit Performance to SSRN. Effectively, it argues that long foreclosure delays may have reduced the credit card default rate because homeowners in default were able to pay … Continue reading

Monday’s Adjudication Roundup

By Shea Cunningham

The Third Circuit upholds class certification in case against PNC Bank NA, in which individuals are alleging the bank participated in an illegal home equity lending scheme. Residential Credit Solutions Inc., a mortgage servicing company, will pay $1.6 million in … Continue reading

July 23, 2015

Thursday’s Advocacy & Think Tank Round-Up

By Serenna McCloud

The Federal Reserve Bank of New York’s Staff Report, Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays, examines the interconnectedness of debt repayment decisions – specifically finding that mortgage default is negatively correlated with … Continue reading

July 15, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Mortgage Finance and Technological Change, Robin Döttling & Enrico C. Perotti, Tinbergen Institute Discussion Paper 15-079/IV. Sustaining Neighborhoods of Choice: From Land Bank(ing) to Land Trust(ing), James J. Kelly Jr., Washburn Law Journal, Vol. 54, No. 3, 2015. President Eisenhower’s … 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