- HUD Secretary and the Surgeon General announced a proposed rule to make HUD’s public housing smoke-free, including prohibiting lit tobacco products such as cigarettes, cigars and pipes, in all units, indoor common areas, offices and outdoor areas within 25 feet of the buildings.
Author Archives: Shea Cunningham
Monday’s Adjudication Roundup
- Federal Circuit court affirms decision finding that a company’s loan shopping patents were too abstract and not eligible under Alice Corp. Pty. Ltd. v. CLS Bank International.
- Freddie Mac is dropping its $1.3 billion suit against Deloitte for its alleged complacency in the fraud and the eventual collapse of Taylor Bean & Whitaker Mortgage Corp., a mortgage lender.
- AIG claims that Goldman Sachs’ excess insurers are wrongly requesting application of New York law to the interest rate on a $1 million settlement that AIG must comply with under New Jersey law simply to access a more favorable interest rate.
Friday’s Government Reports Roundup
- The U.S. Government Accountability Office released “Troubled Asset Relief Program (TARP) Report,” showing the Treasury’s participation for TARP housing programs.
- The Center on Budget and Policy Priorities released a report on SNAP Benefits, or what used to be known as food stamps, finding that between 500,000 and one million people will no longer received these benefits in 2016.
- A report from Joseph A. Smith found that JPMorgan Chase has fulfilled its obligations under the required $4 billion 2013 Residential Mortgage-Backed Securities Settlement.
Wednesday’s Academic Roundup
- Towards a New Eviction Jurisprudence, Gerald S. Dickinson, Georgetown Journal on Poverty Law Policy, Vol. 23, No. 1, 2015.
- Managing Retirement Risks with Reverse Mortgage Loans and Long-Term Care Insurance, Adam Wenqiang Shao, Hua Chen & Michael Sherris, 7th Australasian Actuarial Education and Research Symposium.
- Real Estate Holdings of Public Firms and Collateral Discount, Irem Demirci, Umit G. Gurun & Erkan Yönder.
- Decomposition of Debt and the Road to REIT Returns, Linda Allen & Mariya Letdin.
- Mortgaged to the Hilt: Risks from the Distribution of Household Mortgage Debt, Craig R. Alexander & Paul Jacobson, C.D. Howe Institute Commentary 441.
- Clustered Housing Cycles, Ruben Hernandez-Murillo, Michael Owyang & Margarita Rubio, FRB of Cleveland Working Paper No. 1524.
- The Consumer Financial Protection Bureau: A Five Year Retrospective, Robert E. Krainer.
- Unemployment as an Adverse Trigger Event for Mortgage Default, Chao Yue Tian, Roberto Quercia & Sarah F. Riley, Journal of Real Estate Finance and Economics, Vol. 52, No. 1, 2016.
- Intermediation in Markets with Buyer and Seller Selection: Theory and an Application to Real Estate Brokerage, Bert Willekens, Roel Helgers, Maarten Goos & Erik Buyst.
Happy Martin Luther King, Jr. Day!
“Injustice anywhere is a threat to justice everywhere.”
Martin Luther King, Jr.
Friday’s Government Reports Roundup
- The Federal Housing Finance Agency released its 2016 Scorecard outlining conservatorship priorities for Fannie Mae and Freddie Mac, and Common Securitization Solutions.
- The Joint Center for Housing Studies released its Rental Housing Report and created an interactive map series that shows where renters are experiencing housing cost burdens.
- The Labor Department’s latest report finds that there were 292,000 jobs created in December, particularly in temporary-help services, health care, transportation and construction.
Wednesday’s Academic Roundup
- Civil Forfeiture and the Constitution, Caleb Nelson, Yale Law Journal, Forthcoming; Virginia Public Law and Legal Theory Research Paper No. 2.
- Cohabitants, Choice, and the Public Interest, Robert Leckey, Philosophical Foundations of Children’s and Family Law (OUP), Elizabeth Brake and Lucinda Ferguson (eds), forthcoming.
- Are Foreigners Entitled to a Right to Housing?, Luca Ettore Perrello, 1(2) The Italian Law Journal, 365–388 (2015).
- How Genetics Might Affect Real Property Rights, Mark A. Rothstein & Laura Rothstein, Journal of Law, Medicine and Ethics, Vol. 44, No. 1, 2016.
- Climate Change and Long-Run Discount Rates: Evidence from Real Estate, Stefano W. Giglio, Matteo Maggiori, Johannes Stroebel & Andreas Weber, CESifo Working Paper Series No. 5608.
- Mortgage Risk and the Yield Curve, Aytek Malkhozov, Philippe Mueller, Andrea Vedolin & Gyuri Venter, BIS Working Paper No. 532.
- The Abuse of MBS: A Monster Bigger than the Federal Government, Hak Choi.
- Market Concentration and the Recovery of Mortgage Credit, Adonis Antoniades.
- Green Clientele Effects in the Housing Market, Franz Fuerst, Elias Oikarinen & Oskari Harjunen.
- Rental Yields and HPA: The Returns to Single Family Rentals, Andrea L. Eisfeldt & Andrew Demers, NBER Working Paper No. w21804 (Paid Access).
