REFinBlog

Editor: David Reiss
Brooklyn Law School

February 1, 2016

Rigged Justice

By David Reiss

The Office of Senator Elizabeth Warren has released Rigged Justice: 2016 How Weak Enforcement Lets Corporate Offenders Off Easy. The Executive Summary states, When government regulators and prosecutors fail to pursue big corporations or their executives who violate the law, … Continue reading

December 7, 2015

Equitable Subrogation in Mortgage Refinancing

By David Reiss

I am speaking on Equitable Subrogation in Mortgage Refinancing and Land Purchase Transactions in an ABA Professor’s Corner webinar on Wednesday with Professor Wilson Freyermuth of the University of Missouri School of Law. If this sounds like an esoteric topic, it is! … Continue reading

July 17, 2015

Bank Break-ins

By David Reiss

Chris Odinet has posted Banks, Break-Ins, and Bad Actors in Mortgage Foreclosure to SSRN. The abstract reads, During the housing crisis banks were confronted with a previously unknown number mortgage foreclosures, and even as the height of the crisis has passed … Continue reading

April 9, 2015

Foreclosures and the Fair Debt Collection Practices Act

By David Reiss

Bloomberg BNA quoted me in Third Circuit Says Foreclosure Complaint May Serve as Basis for Claims Under FDCPA (behind a paywall). The article opens, A foreclosure complaint may form the basis of a Fair Debt Collection Practices Act (FDCPA) claim, the … Continue reading

January 29, 2015

Krimminger and Calabria on Conservatorships

By David Reiss

By Michael Krimminger and Mark Calabria have shared The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles. The paper opens, When the Federal Housing Finance Agency (“FHFA”) was appointed conservator for Fannie Mae and … Continue reading

November 5, 2014

GSE Nationalization and Necessity

By David Reiss

Nestor Davidson has posted Nationalization and Necessity: Takings and a Doctrine of Economic Emergency to SSRN. This essay will be of interest to those following the Fannie/Freddie shareholder litigation. The abstract reads, Serious economic crises have recurred with regularity throughout … Continue reading

December 3, 2013

Is Banks’ $200 Billion Payout from RMBS Lawsuits Enough?

By David Reiss

S&P issued a brief, The Largest U.S. Banks Should Be Able To Withstand The Ramifications Of Legal Issues, that quantifies the exposure that big banks have from litigation arising from the Subprime Crisis: Since 2009, the largest U.S. banks (Bank … Continue reading