REFinBlog

Editor: David Reiss
Cornell Law School

Monthly Archives: March 2015

Foreign Funding for Real Estate Projects

March 20, 2015

by David Reiss

Jeanne Calderon and Gary Friedland have posted A Roadmap to the Use of EB-5 Capital: An Alternative Financing Tool for Commercial Real Estate Projects. The paper provides a great overview of a relatively new source of funding for real estate deals. … Continue reading

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Friday’s Government Reports

by Serenna McCloud

Federal Housing Finance Agency’s Report on the Progress of Implementation of its Strategic Plan for Fannie Mae and Freddie Mac Conservatorships House Republicans Budget Plan “A Balanced Budget for a Stronger America,” Would Change Funding for process for Consumer Financial Protection Bureau … Continue reading

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Tax Expenditure Wars: Wealthy Households v. Poor

March 19, 2015

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

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Thursdays Advocacy & Think Tank Round-Up

by Serenna McCloud

Citilab Calculates and Charts the Number of Years of Income it Would Take for the Average Household to Buy a Home in Metro Areas Across the Country CoreLogic’s Equity Report Finds Millions of Homes Still In Negative Equity Situation Fannie … Continue reading

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Reiss on Foreign Buyers in NYC

March 18, 2015

by David Reiss

MainStreet.com quoted me in Foreign Buyers Driving Up Rental Prices Impacts New York Residents. The story opens, Emir Bahadir, a native of Turkey, purchased two apartments in Manhattan for the purpose of renting them out. The 24-year-old paid a total of … Continue reading

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Wednesday’s Academic Roundup

by Shea Cunningham

Cohousing: An Idea for the Modern Age, by Nancy J. White & Charly Loper, February 18, 2015. Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession, by Aaron Hedlund, February 23, 2015. Have Distressed Neighborhoods … Continue reading

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CFPB Mortgage Supervision Highlights

March 17, 2015

by David Reiss

The Consumer Financial Protection Bureau issued its Supervisory Highlights for Winter 2015. The highlights include a section on Mortgage Origination and “largely focuses on Supervision’s examination findings and observations from July 2014 to December 2014.” (9) The headings of this … Continue reading

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