Monthly Archives: May 2016
The Fed’s Effect on Mortgage Rates
May 31, 2016
by David Reiss
DepositAccounts.com quoted me in Types of Institutions in the U.S. Banking System – Investment Banks and Central Banks. It reads, in part, Central Banks Think of the central bank as the Grand Poobah of a country’s monetary system. In the U.S. … Continue reading
Read MoreSong of Roland
May 30, 2016
by David Reiss
In commemoration of Memorial Day, a selection from The Song of Roland, an epic poem from the days of Charlemagne: The Horn CXLVIII As Roland gazed on his slaughtered men, He bespake his gentle compeer agen: “Ah, dear companion, may … Continue reading
Read MoreMommy, I’m Home!
May 27, 2016
by David Reiss
The Pew Research Center has released For First Time in Modern Era, Living with Parents Edges out Other Living Arrangements for 18- to 34-Year-Olds (link for complete report on right side of page). This report adds to the growing literature on … Continue reading
Read MoreUnruly Arbitration
May 26, 2016
by David Reiss
I had blogged earlier about the Consumer Financial Protection Bureau’s proposed rule regarding arbitration. Along with 209 other law professors, I submitted a comment letter regarding it. The letter opens, We write to strongly support proposed regulation CFPB-2016-0020, RIN 3170-AA51. … Continue reading
Read MoreEvicted by Homeowners Association
May 25, 2016
by David Reiss
Realtor.com quoted me in Homeowner Evicted for Not Paying HOA Dues: Can This Happen to You? It opens, Who knew? Even if you pay your mortgage on time every month, your home can still be foreclosed on and sold from under … Continue reading
Read MoreFIRREA Blanks
May 24, 2016
by David Reiss
The Court of Appeals for the Second Circuit reversed the District Court’s judgment (SDNY, Rakoff, J.) against Bank of America defendants for actions arising from Countrywide’s infamous “Hustle” mortgage origination program. The case has a lot of interesting aspects to it, … Continue reading
Read MoreWhy Are There Real Estate Agents?
May 23, 2016
by David Reiss
Realtor.com (admittedly not a neutral source on this topic) quoted me in 6 Reasons Real Estate Agents Aren’t Extinct. It opens, It’s 2016, and it seems our need for real live people is ever-diminishing. There’s self-checkout instead of cashiers, selfie sticks … Continue reading
Read More
