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

April 1, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Lottery Allocations and Games for Public Rental Apartments, by Zhan Wang, Jinpeng Ma, & Hongwei Zhang, March 1, 2015. Wages, Housing Prices and Commutes, by Tom Mayock, Real Estate Economics, Forthcoming. Financial Literacy, Broker-Borrower Interaction, and Mortgage Default, by James … Continue reading

March 19, 2015

Tax Expenditure Wars: Wealthy Households v. Poor

By David Reiss

Henry Rose has posted How Federal Tax Expenditures That Support Housing Contribute to Economic Inequality to SSRN. This short article examines “how federal income tax laws benefit more affluent owner households but provide no benefits to economically-strapped renter households.” (1) Housing … Continue reading

March 16, 2015

Monday’s Adjudication Roundup

By Shea Cunningham

BofA has asked a PA federal judge to dismiss a class action RICO suit alleging kickbacks from overpriced mortgage insurance claiming it is the same suit that was dismissed as time-barred by Third Circuit in October. Deloitte is potentially facing … 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 25, 2015

Wednesday’s Academic Roundup

By Shea Cunningham

Regulation and Liability of Credit Rating Agencies – A More Efficient European Law?, by Thomas M.J. Mollers & Charis Niedorf, ECRF 2014, 333-363. How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality, by Henry Rose, Loyola University Chicago … Continue reading

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February 25, 2015 in Tax matters | Permalink | No Comments

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 Tax matters | Permalink | No Comments