December 31, 2015
P2P, Mortgage Market Messiah?
As this is my last post of 2015, let me make a prediction about the 2016 mortgage market. Money’s Edge quoted me in Can P2P Lending Revive the Home Mortgage Market? It opens, You just got turned down for a home mortgage – … Continue reading
December 31, 2015 in MBS industry | Permalink | No Comments
December 30, 2015
Wednesday’s Academic Roundup
Mortgage Choice Determinants: The Role of Risk and Bank Regulation, Mardi H. Dungey, Firmin Doko Tchatoka, Graeme Wells & Maria Yanotti, Economic Record, Vol. 91, Issue 295, pp. 417–437, 2015 (Paid Access). Subprime Governance: Agency Costs in Vertically Integrated Banks … Continue reading
December 30, 2015 in MBS industry | Permalink | No Comments
December 28, 2015
Monday’s Adjudication Roundup
HSBC settles class action by homeowners that claimed the bank received kickbacks for insurance policies on their properties. Goldman Sachs, Deutsche Bank and RBS have petitioned the US Supreme Court to consider repose statutes and statutes of limitations extenders that … Continue reading
December 28, 2015 in MBS industry | Permalink | No Comments
December 24, 2015
Wall Street Naughty List
Law360 quoted me in Checks Needed For Naughty List To Improve Wall Street’s Rep. It reads, in part, Wall Street banks may back a push to create a central registry of employees who misbehave in a bid to improve internal … Continue reading
December 24, 2015 in MBS industry | Permalink | No Comments
December 23, 2015
Wednesday’s Academic Roundup
Real Estate Price Indices and Price Dynamics: An Overview from an Investment Perspective, David Geltner, Annual Review of Financial Economics, Vol .7, pp. 615–633, 2015. Migration and Housing Price Effects of Place-Based College Scholarships, Timothy J. Bartik & Nathan Sotherland, … Continue reading
December 23, 2015 in MBS industry | Permalink | No Comments
December 21, 2015
Monday’s Adjudication Roundup
Class action suit filed against JPMorgan for alleged illegal demand of payment from junior mortgage holders who’s senior mortgages had been foreclosed. The class claims that JPMorgan’s demands violated several California laws. PHH Corp. urges the DC Circuit to vacate … Continue reading
December 21, 2015 in MBS industry | Permalink | No Comments
December 18, 2015
Friday’s Government Reports Roundup
HUD, the Department of Veterans Affairs and the Department of Labor released “Veterans Homelessness Prevention Demonstration (VHPD) Evaluation Final Report” evaluating a program designed by Silber & Associates and the Urban Institute. CFPB released report on student loan financing finding … Continue reading
December 18, 2015 in MBS industry | Permalink | No Comments
